Long
NASDAQ 100 (US100) – Week 23 – Expecting a new ATH
U.S. stock futures edged higher Tuesday, with technology shares on course to lead gains at the opening bell, as Nasdaq-100 futures rose 0.6%, pointing to a third consecutive day of gains for large technology stocks.
Technical overview:
In the coming days, we expect the price to pullback from the resistance zone towards the support area that we highlighted on the chart, before resuming the bullish trend and make a new all-time high.
We recommend waiting for the pullback to finish before engaging in any buy setups.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Technical overview:
In the coming days, we expect the price to pullback from the resistance zone towards the support area that we highlighted on the chart, before resuming the bullish trend and make a new all-time high.
We recommend waiting for the pullback to finish before engaging in any buy setups.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.