"NVIDIA's Results Disappoint, Nasdaq 100 Futures Decline"
Nasdaq 100 futures fell Wednesday night after Nvidia — the artificial intelligence bellwether that’s up more than 150% this year — posted strong quarterly results that nevertheless failed to live up to investors’ lofty expectations.
Generally, the Direction is downtrending
Downtrend Side: If the price stabilizes below 19,240 as part of a corrective move, it could signal the potential for further decline. Should the downtrend continue, it may reinforce a deeper pullback, with the price potentially falling towards the 18,645 level. A break below this level could lead to a further drop, targeting the 18,410 level.
Uptrend Side: The NASDAQ 100 Index is currently trading above 19,240. A 4-hour close above this level may lead to further gains, potentially targeting the next resistance at 19,550. If the price stabilizes above 19,550, it would significantly reinforce the bullish trend.
Tendency Keys: 19240
Generally, the Direction is downtrending
Downtrend Side: If the price stabilizes below 19,240 as part of a corrective move, it could signal the potential for further decline. Should the downtrend continue, it may reinforce a deeper pullback, with the price potentially falling towards the 18,645 level. A break below this level could lead to a further drop, targeting the 18,410 level.
Uptrend Side: The NASDAQ 100 Index is currently trading above 19,240. A 4-hour close above this level may lead to further gains, potentially targeting the next resistance at 19,550. If the price stabilizes above 19,550, it would significantly reinforce the bullish trend.
Tendency Keys: 19240
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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