Market In Focus for today – Nasdaq 100
Wall Street futures remain in negative territory despite unconfirmed reports suggesting possible ceasefire discussions between the U.S. and Iran. Nasdaq futures continue to trade lower
Moving Averages:
Exponential:
- MA 5:47 | Positive Crossover | Bullish
- MA 20:01 | Positive Crossover | Bullish
- MA 50:65 |Positive Crossover | Bullish
Simple:
- MA 5:01 | Positive Crossover | Bullish
- MA 20:35| Positive Crossover | Bullish
- MA 50:78| Positive Crossover | Bullish
RSI (Relative Strength Index) : 60.45| Bullish Zone | Buy
Stochastic Oscillator: 27.25| Negative Zone | Neutral
Resistance And Support Levels:
- R1:00 | R2:22615.00
- S1:24| S2:20714.82
Overall Sentiment: Bullish| Market Direction: Buy
Trade Suggestion: Limit Buy: 21562.02 | Take Profit: 22347.23| Stop Loss: 21169.42
TECHNICAL OVERVIEW:
