US Nas 100
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NASDAQ Bearish Trend Persists: Key Levels and Targets for Today

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Technical Analysis: Price Reversal in Focus

After reaching an all-time high, the price has now reversed, setting its sights on the 19100 level this week.

  • Today's Outlook:
    The bearish trend is expected to continue as long as the price remains below 19850, potentially targeting 19520.


  • Bearish Scenario:
    As long as the price trades below 19850, the bearish trend is likely to persist, with targets at 19625 and 19520, supported by strong bearish volume.

  • Bullish Scenario:
    For a bullish reversal, the price needs to rise above 19960, aiming for targets of 20100 and 20250.

  • Key Levels:
    - Pivot Line: 19840
    - Resistance Levels: 19960, 20090, 20150
    - Support Levels: 19630, 19525, 19230

  • Today's Expected Range:
    The price is anticipated to fluctuate between the support at 19520 and the resistance at 19960, with a downward trend expected for today.
註釋
The price dropped and reached the support line and consolidated between 19850 and 19520

So for now, still has the same scenario...

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