US Nas 100
Panjang

Dip buying offers good risk/reward on US Nas 100

NASDAQ - Intraday - We look to Buy at 12312 (stop at 12101)

The sequence for trading is higher highs and lows. This is positive for sentiment and the uptrend has potential to return. A weaker opening is expected to challenge bullish resolve. Support is located at 12300 and should stem dips to this area. We look to buy dips.

Our profit targets will be 12790 and 12900

Resistance: 12800 / 13600 / 15200
Support: 12300 / 11200 / 10000


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