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Nasdaq Futures Rise on Fed Cut Hopes; Amazon and Apple Earnings

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Nasdaq Futures Climb on Upbeat Meta Results and Fed Cut Hopes; Amazon and Apple Earnings Awaited

Technical Analysis:

The price has reached the resistance line as previously mentioned.

Next Outlook:
For the Nasdaq to maintain its bearish trend, it must stabilize below the resistance line at 19,625, targeting a move towards 19,220.

Bullish Scenario:
Closing a 4-hour candle above 19,625 could push the price to 19,740 and 19,845.

Bearish Scenario:
As long as the price trades below 19,625, the bearish trend remains intact. Stability below 19,525 will likely lead to a drop to 19,220.

Key Levels:
- Pivot Line: 19,525
- Resistance Levels: 19,625, 19,735, 19,845
- Support Levels: 19,220, 19,100, 18,930

Today's Expected Range:
The price is anticipated to fluctuate between the support at 19,100 and the resistance at 19,625.

previous idea:
Nasdaq futures lead as AMD boosts chips before Fed verdict
Nota
Moving Well +290 pip✅

breaking under 19220 will touch 19100
the movement range will be between 19220 and 19370 till breaking

syot kilat
Nota
we got about 1200 pip profit

and still running... to 18150

syot kilat

Penafian

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