NASDAQ, February 3, 2021
Overview:
Prices are moving in a short-term uptrend
Expected:
The index is trading above a strong support level around 13400, which might push the index to go upwards to reach the level of 13552.
Alternative Scenario:
On the other hand, we believe that if the level of 13400 is broken to the downside, the index might fall to 13284.
Resistance | 13552 | 13800 | 13925 |
Support | 13400 | 13212 | 13108 |
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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