REDATOR Ben Graham Posted January 8 REDATOR Report Share Posted January 8 [Nasdaq 100 Index] With all technical analysis conditions indicating strengthening in the Nasdaq 100 Index, #NDX has the potential to rise toward its nearest resistance level throughout today. Key Levels1. Resistance. 2 : 25925.72. Resistance. 1 : 25782.93. Pivot : 25657.04. Support. 1 : 25514.25. Support. 2 : 25388.3Tactical ScenarioPositive Reaction Zone: If the price of #NDX breaks out and closes above 25657.0, it is likely to move toward 25782.9.Momentum Extension Bias: If 25782.9 is also broken, the Nasdaq 100 Index may continue its advance to 25925.7. Invalidation Level / Bias RevisionThe upside bias weakens if #NDX falls and breaks and closes below 25.388,3. Technical SummaryEMA(50) : 25620.6EMA(200): 25512.6RSI(14) : 38.20Economic News Release Agenda:Tonight from the United States, the following economic data will be released:US - Unemployment Claims - 20:30 WIBUS - Prelim Nonfarm Productivity q/q - 20:30 WIBUS - Prelim Unit Labor Costs q/q - 20:30 WIBUS - Trade Balance - 20:30 WIBUS - Final Wholesale Inventories m/m - 22:00 WIBUS - Natural Gas Storage - 22:30 WIBUS - Consumer Credit m/m - 03:00 WIBThe material has been provided by InstaForex Company - www.instaforex.com Visitante_4617175d 1 1 Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Liked! × 💬 Did you like this content? Your feedback is very important! Liked! Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Quote Link to comment Share on other sites More sharing options...
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