Nasdaq approaches the 200 MA line in a bearish channel.
Nasdaq approaches the 200 MA line in a bearish channel.
The Index is down to the 200 MA line and might attempt to hold at 14450. If it fails, we could be looking at 14168 and 13884 for the next major support estimates.
The Index is down to the 200 MA line and might attempt to hold at 14450. If it fails, we could be looking at 14168 and 13884 for the next major support estimates.
Comment:
The Index fell below the 200 ma line and 14450 support estimates as per September 29th analysis but made a comeback and will end the week's trading session above this critical level. It is going to be an important level to watch in next week's session WC 4/10/2021.
