The Nasdaq 100 is currently testing the downtrend blue line.
It looks like it has already broken to the upside, but I would wait for a few days for confirmation.
If the price can stay above the downtrend line, it would be a bullish sign.
In August, the price broke above the trendline but it moved again back below it, creating a fake breakout.
The 50-day MA (red moving average) and the 21-day MA (blue moving average) are currently working as support.
It is important to follow the movements of this particular index for the next few days to understand if a new bull run has started.
The market sentiment remains in the "Greed" mode.
It looks like it has already broken to the upside, but I would wait for a few days for confirmation.
If the price can stay above the downtrend line, it would be a bullish sign.
In August, the price broke above the trendline but it moved again back below it, creating a fake breakout.
The 50-day MA (red moving average) and the 21-day MA (blue moving average) are currently working as support.
It is important to follow the movements of this particular index for the next few days to understand if a new bull run has started.
The market sentiment remains in the "Greed" mode.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.