USNAS100 - Under Earning Season Pressure

7月24日

Nasdaq futures fall after Alphabet and Tesla report earnings

Nasdaq stock futures traded lower Wednesday morning after megacap tech companies Alphabet and Tesla reported their second-quarter results.

Generally, the direction is toward a downtrend

Downtrend Side: the NASDAQ index price is trading under 19.605, which will support the price to touch 19.400, and under it, it will touch 19.200.

Uptrend Side: That zone is located at the top of the price between 19.605 and 19.810. The price should cross this zone and stabilize above it by closing the 4H candle, to activate the bullish trend.

Tendency Keys: 19.605 and 19.810

7月24日

交易结束：到达目标

Based on our analysis, the NASDAQ 100 index is in a downtrend. It has broken below 19,605 and reached the support levels of 19,400 and 19,200, If the downtrend continues, the next target is 19,000. A reversal above 19,605 could see it aiming for 19,810.

7月25日

注释

The NASDAQ index is currently trading below 19,200, attempting to break 19,000 and 18,905. A 1-hour candle close below these levels could push the price down to 18,605.

An uptrend will be confirmed if the price closes above 19,810 and 19,615 on a daily candle. To reach this zone, the price must surpass 19,200 on a 4-hour candle and 19,500 on a 1-hour candle.