Nasdaq Futures Analysis for Today with tradeCompass

Nasdaq Futures Analysis for Today with tradeCompass

Bearish below 22,965 and bullish above 23,000 as well as other Nasdaq futures levels and profit targets for today, with insights on bearish and bullish scenarios to guide your trading decisions.

Nasdaq 100: Bearish Signs Emerging Near Record Highs - FinanceFeeds

The 4-hour chart of the Nasdaq 100 (US Tech 100 mini on FXOpen) shows the index reached a fresh all-time high last week. However, price action indicates that this rapid growth may not be sustainable. Last week’s robust labour market data sparked a strong bullish surge, but that momentum has now been fully retraced (as the arrows illustrate). The tax cut bill signed by President Trump on Friday, 4 July — expected to significantly increase US gove…

Nasdaq 100: Bearish Signals Near All-Time High - Action Forex

As the 4-hour chart of the Nasdaq 100 (US Tech 100 mini on FXOpen) shows, the index reached a new all-time high last week. However, the price action suggests that the current pace of growth may not last. Last week’s strong labour market data triggered a significant bullish impulse. However, the upward momentum has been […] The post Nasdaq 100: Bearish Signals Near All-Time High appeared first on Action Forex.

Nasdaq 100: Bearish Signals Near the All-Time High

As the 4-hour chart of the Nasdaq 100 (US Tech 100 mini on FXOpen) shows, the index reached a new all-time high last week. However, the price action suggests that the current pace of growth may not last.Last week’s strong labour market data triggered a significant bullish impulse. However, the upward momentum has been entirely retraced (as indicated by the arrows).The tax cut bill signed on Friday, 4 July, by Trump — which is expected to lead to…