Nasdaq Technical Analysis:
Futures rally as Big Tech extends recovery
Next Outlook:
The price reached their resistance at 18430, so as long as trades on it means bearish trend.
Bullish Scenario:
Stability above 18435 will support rising to get 18625 and 18930
Bearish Scenario:
As long as the price trades below 18435 will drop to touch 18145 and 17880
Key Levels:
- Pivot Line: 18430
- Resistance Levels: 18625, 18760, 18930
- Support Levels: 18140, 17880, 17630
Today's Expected Range is between 18435 and 17870
Tendency: Downward as long as trades under 18435