Technical Analysis: Impact of Earnings Season and NVIDIA Situation on NASDAQ
Next Outlook:
The NASDAQ may break its barrier and stabilize below it due to the adverse situation with NVIDIA and prevailing geopolitical tensions. This makes the trend in this area particularly sensitive.
Bullish Scenario:
For a bullish trend to emerge, the price needs to break above 20,085, targeting a move towards 20,385.
Bearish Scenario:
As long as the price trades below 20,085, it is expected to consolidate between 19,845 and 20,085. A break below 19,845 could lead to a drop towards 19,625 and 19,530.
Key Levels:
- Pivot Line: 19,845
- Resistance Levels: 20,085, 20,385, 20,540
- Support Levels: 19,625, 19,530, 19,100
Today's Expected Range:
The price is anticipated to fluctuate between the support at 19,530 and the resistance at 20,385.
Next Outlook:
The NASDAQ may break its barrier and stabilize below it due to the adverse situation with NVIDIA and prevailing geopolitical tensions. This makes the trend in this area particularly sensitive.
Bullish Scenario:
For a bullish trend to emerge, the price needs to break above 20,085, targeting a move towards 20,385.
Bearish Scenario:
As long as the price trades below 20,085, it is expected to consolidate between 19,845 and 20,085. A break below 19,845 could lead to a drop towards 19,625 and 19,530.
Key Levels:
- Pivot Line: 19,845
- Resistance Levels: 20,085, 20,385, 20,540
- Support Levels: 19,625, 19,530, 19,100
Today's Expected Range:
The price is anticipated to fluctuate between the support at 19,530 and the resistance at 20,385.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.