Index

Nasdaq 100 may fall to 17430.00 - 17860.00

2024-09-07

Pivot

19230.00

Our preference

Short positions below 19230.00 with targets at 17860.00 & 17430.00 in extension.

Alternative scenario

Above 19230.00 look for further upside with 20075.00 & 20680.00 as targets.

Comment

The RSI shows downside momentum.

Supports and resistances

20680.00

20075.00

19230.00

18424.00 Last

17860.00

17430.00

16975.00

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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