NASDQ 100 Index is bullish.
There is a strong support at 7664.7 and price can be reversal from the support. 50MA is crossing the middle bollinger band which is a bullish sign.
Special - If you closely see the yellow boxes. you can see next to each and every large bearish candle there is bullish candle performed. This is to consider.
Note : Trade at your own risk and this is just a technical analysis without any fundamental.
Open for discussion and like us, Comment us for more.
There is a strong support at 7664.7 and price can be reversal from the support. 50MA is crossing the middle bollinger band which is a bullish sign.
Special - If you closely see the yellow boxes. you can see next to each and every large bearish candle there is bullish candle performed. This is to consider.
Note : Trade at your own risk and this is just a technical analysis without any fundamental.
Open for discussion and like us, Comment us for more.