Index

Nasdaq 100 may fall to 17000.00 - 17430.00

2024-08-10

Pivot

18800.00

Our preference

Short positions below 18800.00 with targets at 17430.00 & 17000.00 in extension.

Alternative scenario

Above 18800.00 look for further upside with 19500.00 & 20150.00 as targets.

Comment

The RSI is mixed with a bearish bias.

Supports and resistances

20150.00

19500.00

18800.00

18495.00 Last

17430.00

17000.00

15660.00

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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