USNAS100 /ADP, ISM affect with bullish volume till 19160 THEN...
Nasdaq Technical Analysis
The Nasdaq price has stabilized below the pivot line at 18920, signaling a bearish trend, but there is a consolidation zone between 18915 and 19160 will make the price tries to test the 1910 level again, In general stability above 19160 will be an uptrend till 19430, and stability under 18915 will support falling to get 18760 and 18420
Key levels:
Pivot line: 18920
Resistance Lines: 19020, 19185, 19390
Support lines: 18760, 18560, 18420
Range movement will be between 19160 and 18420
The economic reports data Today will impact the NASDAQ market
Trend: Bearish, as long as the price remains below 18920.
The Nasdaq price has stabilized below the pivot line at 18920, signaling a bearish trend, but there is a consolidation zone between 18915 and 19160 will make the price tries to test the 1910 level again, In general stability above 19160 will be an uptrend till 19430, and stability under 18915 will support falling to get 18760 and 18420
Key levels:
Pivot line: 18920
Resistance Lines: 19020, 19185, 19390
Support lines: 18760, 18560, 18420
Range movement will be between 19160 and 18420
The economic reports data Today will impact the NASDAQ market
Trend: Bearish, as long as the price remains below 18920.
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