NASDAQ 100 TECHNICAL ANALYSIS, LATEST PRICE AND FORECAST

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NASDAQ 100 TECHNICAL ANALYSIS: WEEKLY CHART

In the weekly chart, NASDAQ 100 is trading in a downward channel.

It is trading below all SMAs: MA (20), MA (50), and MA (100),

RSI is in selling zone which indicates bearishness. MACD is currently trading below zero which indicates bearishness.

The immediate support is at 11,115 and the resistance level is at 12,770

NASDAQ 100 is trading in a downward channel until there is a trend reversal.

NASDAQ 100 TECHNICAL ANALYSIS: DAILY CHART

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