US Nas 100
Singkat

NASDAQ Bearish Momentum Persists as Price Drops 2.7% in 24 Hours

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Technical Analysis

The price has dropped more than 2.7% in the last 24 hours.

The bearish trend, as highlighted in the previous analysis, remains intact. The price is likely to stabilize within the bearish trend, targeting 20,670 and 20,550, as long as it trades below 20,990.

However, a bullish correction toward 20,860 or 20,990 is possible, particularly if the price stabilizes above 20,860.

Key Levels:
Pivot Point: 20860
Resistance Levels: 20990, 21080, 21210
Support Levels: 20780, 20670, 20550


Trend Outlook:
- Bearish Momentum with stability below 20990
- Bullish Momentum by stability above 20990

Previous idea:
NASDAQFed's Hawkish Stance Sparks Fears ofSustained 4%Rate Floor

Penafian

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