NAS100 NDX Technical Analysis: bullish trading

American session, date: 7/4/2024

Introduction and overview

This report provides a technical analysis of the Nasdaq index during the American session, with a focus on trading strategies based on resistance and support levels. The index is currently trading at the $20201 level. Prices are trading above most of the moving average intersections, which indicates an upward trend. The MACD indicator indicates strength in a positive direction, which enhances positive possibilities.

NAS100 NDX Technical Analysis


Trading strategies levels on Buy/Sell levels

ND100 In case of buying in case of selling
Entry point 20258 20047
Target Point 1 (TP1) First resistance: 20344 First support: 19990
Target Point 2 (TP2) Second resistance: 20492 Second support: 19890
Stop Loss (SL) 20047 20258



The technical analytical study of this data showed clear results indicating the main trends and changes in the market. The technical indicators used and graphical analysis highlight the relative strength of the assets studied, and help identify potential investment opportunities and associated risks. This technical analysis reflects the importance of integrating modern tools and technologies into the investment decision-making process to enhance efficiency and accuracy. In light of these results, investors can improve their strategies and achieve better performance in the financial markets.

Related Articles