NAS100 NDX Technical Analysis: The Nasdaq Index is trading in an uptrend again after a period of weakness. The index recorded a high price of $20,374 and a low price of $20,200, bringing the current price to $20,342.
NAS100 NDX Technical Analysis Technical Analysis:
When analyzing the technical indicators, we notice that prices are trading above the moving averages, which reinforces the bullish trend. The MACD indicator also indicates the beginning of a strong positive trend again.
Trading Expectations:
As this positive trend continues, the Nasdaq is expected to continue to rise, but traders should monitor any changes that may occur in the technical indicators.
Trading strategies levels on Buy/Sell level
| ND100 | In case of buying | in case of selling |
| Entry point | 20388 | 20257 |
| Target Point 1 (TP1) | First resistance: 20453 | First support: 20214 |
| Target Point 2 (TP2) | Second resistance: 20500 | Second support: 20170 |
| Stop Loss (SL) | 20257 | 20388 |
Traders are advised to take advantage of the opportunities arising from the current upward trend, focusing on technical analysis to enhance their strategies and increase their chances of success in the market.
