NASDAQ, February 3, 2021

Technical Analysis
Wednesday, February 03, 2021 - 02:03
Point Trader Group
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.

Resistance135521380013925
Support134001321213108

 

  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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