NASDAQ Analysis: Potential Direction During Earnings Season The NASDAQ recently broke out from an ascending trend line but has since reversed. Given the earnings season, we can anticipate increased volatility as companies report their quarterly results, which will significantly influence market direction. Bullish Scenario: If the price can stabilize above...
Technical Analysis: Bullish Momentum Amid Earnings Season Next Outlook: The Nasdaq maintains a bullish trend as long as it trades above 20085. Stability below 20385 may trigger a retest down to 20085, whereas stability above 20385 indicates a potential push up to 20725. Bullish Scenario: As long as the price trades above 20385, targets are set at 20540 and...
Technical Analysis: Price Reaches New All-Time High Today's Outlook: The price has breached previous high levels and is trending towards a new all-time high of around 20410. A retest of this level might occur, potentially pushing the price towards 2100. Bearish Scenario: For a bearish trend to be confirmed, the price must break below 20100 and stabilize...
Technical Analysis: Price Bearish in Focus Today's Outlook: The price will try to touch 19625 and 19525 from the resistance line which is 19835 Bearish Scenario: As long as the price trades below 19835, the bearish trend is likely to persist, with targets at 19625 and under that will be 19525, supported by strong bearish volume. Closing 4h candle under 19525...
Technical Analysis: Price Reversal in Focus Today's Outlook: The price will try to touch 19625 and 19525 from the resistance line which is 19835 there is a sensitive point, stability above 19960 means will touch 20100 Bearish Scenario: As long as the price trades below 19835, the bearish trend is likely to persist, with targets at 19625 and under that...
Technical Analysis: Price Reversal After reaching an all-time high, the price has reversed. Today's Outlook: The bearish trend is expected to continue as long as the price remains below 19850, potentially targeting 19520. Bullish Scenario: For a bullish reversal, the price needs to rise above 19960, aiming for targets of 20100 and 20250. Bearish...
Technical Analysis Nasdaq The price has reached all our bullish targets perfectly and now appears to be entering a bearish trend. Today's Outlook: The price has stabilized below the resistance line at 19,650, consolidating between 19,625 and 19,525. Bullish Scenario: To re-enter a bullish trend, the price must break above 19,625 and close a 4-hour candle...
Technical Analysis The price has risen approximately 1.90%, reaching the final resistance level mentioned in our previous analysis, around 600 points. To achieve another all-time high, the price must break through 19,100 and stabilize above this level to continue the bullish trend towards 19,450. Otherwise, the price will fluctuate between 19,100 and 18,940...
Futures Trade Cautiously Ahead of Jobs Data U.S. stock index futures showed minimal movement on Friday as investors awaited a crucial employment report. This report is expected to confirm increasing slack in the U.S. labor market, potentially providing the Federal Reserve with more flexibility to cut interest rates later this year. Technical Analysis the...
Technical Analysis The price is expected to continue its bullish trend toward 18,735, having already stabilized in the bullish zone. The movement range will likely be between 18,550 and 18,820 until a breakout occurs. Bullish Scenario: As long as the price remains above 18,600, it is likely to reach 18,735 and potentially 18,820. Bearish Scenario: A...
Technical Analysis The price dropped by approximately 1.30%, as mentioned in the previous analysis. Currently, the price will trade between 18,435 and 18,550 until a breakout occurs. Bearish Scenario: Stability below 18,435 will likely lead to a drop towards 18,250. Bullish Scenario: The price must break above 18,550 and stabilize to reach 18,650 and...
Nasdaq Falls 2.0% Amid Investor Uncertainty and Fed Caution The Nasdaq fell by 2.0% on a subdued Thursday as investors adjusted their portfolios amid shifting market sentiment. The trading session was marked by an uneasy atmosphere following the release of the Federal Reserve's latest meeting minutes, which indicated that central bankers are in no hurry to...
Hello everyone,The index price has not moved anything since Friday's trading, repeating its fluctuation sideways near 15839, affected by the strength of the additional barrier currently positioned at 16028. Also, the exit of the Stochastic indicator from the overbought level will contribute to confirming the dominance of the sideways bias for the current period,...
Hello everyone,The index price presented more sideways fluctuation by settling near 15830, trying to counter the negativity of the Stochastic indicator, which is currently stable below the 50 level, to generally maintain positive stability within the axes of the main ascending channel. We will now rely on the stability of the additional stable support near...
hello everyone,The index price confirmed its surrender to the control of the upward tendency by exceeding the stable target at 15839,indicating its move to the second positive phase, recording new gains by reaching about 16028. and by continuing to present the main indicators of positive momentum, this will contribute to breaching the recently achieved peak that...
hello everyone,With its recent positive surge, the index price touched the level of 15533 , bringing it close to the next main target centered at 15693.00, thus confirming its continued surrender to the control of the previously suggested upward bias. We expect the 15360 level to be formed for additional support, and by continuing to present the main indicators...
The index price ended trading on Friday by forming a strong upward rally, surpassing the stable barrier at 15400. We noticed that it recorded some additional gains by reaching around 15533. We note that the continued price fluctuation above the 15533 level, which currently represents an extension of additional support, and the attempt to provide the Stochastic...
The index price ended the upward rally in yesterday’s trading by facing an important resistance at 15356 , forcing it to form some bearish corrective bounce by touching the 15230 level, and then to repeat the positive advance as shown in the attached drawing. The general trend expected for today: fluctuating within the upward path Pivot Price: 15308 Resistance...