

The NASDAQ 100 Index is under technical scrutiny with recent movements indicating a potential shift in momentum. The asset has shown mixed signals across different technical indicators.
Current trends and patterns suggest a cautious approach to identifying potential points for market entry or exit.
The recent trend appears to be bullish, followed by a pullback.
Small red candles indicate potential indecision and selling pressure.
The lack of candlestick reversal patterns suggests uncertainty about immediate reversal.
The MACD line is crossing below the Signal line, indicating a bearish crossover.
The MACD histogram shows increasing negative values, suggesting rising bearish momentum.
No significant divergence with price action, as the MACD confirms the recent downtrend.
Increased volume during the recent pullback suggests validation of the downward movement.
No drastic volume spike indicates limited panic selling.
The volume supports the pullback but presents mixed sentiments.
Key support around 25,400 may signal stabilization if it holds.
Recent high near 26,000 serves as strong resistance.
Monitoring these levels is crucial for identifying potential entry and exit points.
Watch for potential buy signals if bullish patterns emerge above support.
Consider selling if price breaks below 25,400 support with increased volume.
Look for bullish crossover in MACD for buy re-entry confirmation.



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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.