Technical Analysis

Nasdaq exams the 200 hour MA. Backs off.

Nonetheless above the 100 hour MA although

The Nasdaq index moved to 7259.13. The 200 hour MA is available in at 7259.778.  Sellers leaned on the primary check.   If the index goes larger, that stage must be damaged and keep damaged.

 

The 100 hour MA at 7184 is a threat stage for longs.  Keep above that stage on a correction, and the consumers stay in management.  Transfer under and the bullish run will get a bit extra muddy. 

ForexLive


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