Market In Focus for today – Nasdaq 100
Wall Street futures remain in negative territory despite unconfirmed reports suggesting possible ceasefire discussions between the U.S. and Iran. Nasdaq futures continue to trade lower.
TECHNICAL OVERVIEW:
Moving Average s:
Exponential:
- ****MA 5:****47 | Positive Crossover | Bullish
- MA 20 ****:****01 | Positive Crossover | Bullish
- ****MA 50:****65 |Positive Crossover | Bullish
Simple:
- ****MA 5:****01 | Positive Crossover | Bullish
- MA 20 ****:****35| Positive Crossover | Bullish
- ****MA 50:****78| Positive Crossover | Bullish
RSI (Relative Strength Index) : 60.45****|**** Bullish Zone | Buy
Stochastic Oscillator: 27.25| Negative Zone | Neutral
Resistance And Support Levels:
- ****R1:****00 ****| R2:****22615.00
- ****S1:****24| ****S2:****20714.82
Overall Sentiment: Bullish****| Market Direction:**** Buy
Trade Suggestion: Limit Buy: 21562.02 | Take Profit: 22347.23| Stop Loss: 21169.42
For more latest market analysis, insights, and trading opportunities, you can visit the official Capital Street FX website