Futures Steady Before Payroll Data Amid Middle East Risks
Futures Steady Ahead of Key Payroll Data Amid Middle East Tensions U.S. stock index futures remained subdued on Friday, as investors exercised caution, holding off on major moves ahead of the critical payrolls data release while monitoring potential escalations in geopolitical tensions in the Middle East.
Nasdaq Technical Analysis:
The price may initially aim for the 20,020 or 20,090 levels before potentially declining to 19,860. A decisive break below 19,520 could signal a further downward move towards 19,520. Overall, the price will likely consolidate between 20,090 and 19,750 until a breakout occurs during the Non-Farm Payroll (NFP) release.
Key Levels:
Pivot Point: 20020
Resistance Levels: 20090, 20280, 20440
Support Levels: 19860, 19620, 19520
Trend:
- Bearish below 19860
- Bullish above 20090
Nasdaq Technical Analysis:
The price may initially aim for the 20,020 or 20,090 levels before potentially declining to 19,860. A decisive break below 19,520 could signal a further downward move towards 19,520. Overall, the price will likely consolidate between 20,090 and 19,750 until a breakout occurs during the Non-Farm Payroll (NFP) release.
Key Levels:
Pivot Point: 20020
Resistance Levels: 20090, 20280, 20440
Support Levels: 19860, 19620, 19520
Trend:
- Bearish below 19860
- Bullish above 20090
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~6 analyses per day. With a clear entry point
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SM World and Economy News 24/7
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