The NASDAQ 100 index continues to move within an ascending channel. After testing support around 22,440 and forming a continuation pattern, the price bounced upward and held above the key level of 22,697. The current structure signals potential for short-term growth.
Technical Signals & Formations:
Price remains within an upward channel
EMA supports the bullish trend
An ABC pattern is forming toward the upper channel boundary
The current impulse is gaining strength after exiting the correction
Key Levels:
Support: 22,664; 22,527
Resistance: 22,974 (upper channel boundary), 23,080 (target zone)
Scenario:
Primary: If the index holds above 22,697, a continuation toward 22,974 and 23,080 is likely.
Alternative: A drop below 22,664 may lead to a decline toward 22,527 and the lower channel boundary.
Technical Signals & Formations:
Price remains within an upward channel
EMA supports the bullish trend
An ABC pattern is forming toward the upper channel boundary
The current impulse is gaining strength after exiting the correction
Key Levels:
Support: 22,664; 22,527
Resistance: 22,974 (upper channel boundary), 23,080 (target zone)
Scenario:
Primary: If the index holds above 22,697, a continuation toward 22,974 and 23,080 is likely.
Alternative: A drop below 22,664 may lead to a decline toward 22,527 and the lower channel boundary.
İşlem elle kapatılmış
Position closed at price 22746Denolla Finance - your guide to the world of investments!
In today's world of finance and investments, the importance of knowledge and information cannot be overstated. Understanding the basics of financial instruments, strategies and market trends.
In today's world of finance and investments, the importance of knowledge and information cannot be overstated. Understanding the basics of financial instruments, strategies and market trends.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Denolla Finance - your guide to the world of investments!
In today's world of finance and investments, the importance of knowledge and information cannot be overstated. Understanding the basics of financial instruments, strategies and market trends.
In today's world of finance and investments, the importance of knowledge and information cannot be overstated. Understanding the basics of financial instruments, strategies and market trends.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.