

The NASDAQ 100 Index chart on the 4-hour timeframe suggests a strong bullish trend from mid-August to late September. Recent pullbacks followed by bullish candles indicate potential continuation. Key levels have been identified for support and resistance.
The overall trend appears bullish, with a series of higher highs and higher lows from mid-August to late September.
A small pullback was recently observed, followed by a strong bullish candlestick, indicating the potential continuation of the uptrend.
No clear reversal patterns such as doji or hammer are visible, suggesting the uptrend may still be intact.
The MACD line is above the Signal line, indicating bullish momentum.
The MACD histogram is positive and increasing, suggesting strengthening bullish momentum.
No significant divergences between MACD and price action were observed.
Recent volume spikes accompany the latest bullish move, indicating strong participation or potential institutional activity.
Rising volume during price increases typically confirms the strength of the uptrend, which is evident here.
Look for any unusual volume spikes in the coming sessions that could forewarn of a trend reversal or continuation.
Near-term support spotted around 24,250, aligning with recent breakout levels.
Resistance is likely near the recent highs around 24,500.
A clear break above 24,500 could signal further upside.
Consider buying if the price confirms a break above 24,500 with strong volume.
Watch for bearish candlestick patterns or MACD reversal signals before considering selling.
Holding is advisable as long as the bullish trend and volume align with current levels.



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Secured By SSL. Copyright © Seekapa. All rights reserved. 2024
Company Information: This website (www.seekapa.com.com/) is operated by Bluepine Ltd, a Seychelles investment firm, authorised and regulated by the Financial Services Authority of Seychelles with license number SD183. Bluepine Ltd is located at Suite 205, 2nd Floor, Waterside Property Limited, Eden Island, Seychelles
Risk warning: Contracts for difference (‘CFDs’) is a complex financial product, with speculative character, the trading of which involves significant risks of loss of capital. Trading CFDs, which is a marginal product, may result in the loss of your entire balance. Remember that leverage in CFDs can work both to your advantage and disadvantage. CFDs traders do not own, or have any rights to, the underlying assets. Trading CFDs is not appropriate for all investors. Past performance does not constitute a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. Before deciding to trade, you should carefully consider your investment objectives, level of experience and risk tolerance. You should not deposit more than you are prepared to lose. Please ensure you fully understand the risk associated with the product envisaged and seek independent advice, if necessary. Please read our Risk Disclosure document.
Regional Restrictions: Bluepine Ltd does not offer services within the European Economic Area as well as in certain other jurisdictions such as the USA, British Columbia, Canada and some other regions.
Bluepine Ltd does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of any financial product. Bluepine Ltd is not a financial adviser.