Long
NASDAQ BULLISH OUTLOOK
The trend of NASDAQ seems to continue, despite a resistance that is forming around 13250 mark. The instrument had tried few times to breach it, and currently is trading above it, but the breach is still not significant and might revert.
The technical indicators, though suggesting that NASDAQ still has steam to continues it upward movement, with RSI above the 50 neutral line and the fast MACD line crossing the slow MACD line and the histogram reaching positive territory.
If the breach of the resistance turns out to be genuine, the instrument might reach levels of 13740. In the opposite scenario, if the price reaches 12800, it might pivot and continue its decent.
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The technical indicators, though suggesting that NASDAQ still has steam to continues it upward movement, with RSI above the 50 neutral line and the fast MACD line crossing the slow MACD line and the histogram reaching positive territory.
If the breach of the resistance turns out to be genuine, the instrument might reach levels of 13740. In the opposite scenario, if the price reaches 12800, it might pivot and continue its decent.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.