Title: Nasdaq Futures ( NQ1! ), H4 Potential for a drop!
Type: Bearish
Resistance : 14829
Pivot: 14642
Support : 14270
Preferred case: With price expected to reverse off the stochastics resistance, we have a bearish bias that price will from our Pivot at 14870 in line pullback support and 78.6% Fibonacci retracement towards our 1st support at 14036 in line with the pullback support and 23.6% Fibonacci retreatment.
Alternative scenario: If prices were to reverse, price may potential rise towards our 1st resistance at 15541 which is in line with the overlap resistance.
Fundamentals: With the concerns over the war in Ukraine, European stocks are expected to trade lower.
Type: Bearish
Resistance : 14829
Pivot: 14642
Support : 14270
Preferred case: With price expected to reverse off the stochastics resistance, we have a bearish bias that price will from our Pivot at 14870 in line pullback support and 78.6% Fibonacci retracement towards our 1st support at 14036 in line with the pullback support and 23.6% Fibonacci retreatment.
Alternative scenario: If prices were to reverse, price may potential rise towards our 1st resistance at 15541 which is in line with the overlap resistance.
Fundamentals: With the concerns over the war in Ukraine, European stocks are expected to trade lower.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.