Overall Market Analysis Tickers: SPX, NAS100, SPY, QQQ
As we step into the second week of September, we've observed a promising start with some key indices showing positive momentum.
NAS100 & QQQ Analysis:
- The tech-centric NAS100 and QQQ began the week on a brighter note, showing green after a bearish week.
- Tomorrow's Key Levels for NAS100: Watch for a potential break above the 15,500 level. A decisive move above this can pave the way for a rally towards 15,750. On the downside, failure to maintain above 15,500 might trigger a pullback.
- Tomorrow's Key Levels for QQQ: It's crucial for the price to find solid footing at the 375 mark. This level should act as robust support.
SPX & SPY Analysis:
- Key Levels for SPX: We're keenly watching the 4500 resistance level. A break and hold above this could signal further upside. However, the 4475 price point is expected to offer support should the momentum wane.
- Key Levels for SPY: Bulls would want to see a break above the 450 level, while 445 stands out as the immediate support.
Stay tuned for further updates and adjust your trading strategies accordingly. Always remember to manage your risks and trade safely!
NAS100 & QQQ Analysis:
- The tech-centric NAS100 and QQQ began the week on a brighter note, showing green after a bearish week.
- Tomorrow's Key Levels for NAS100: Watch for a potential break above the 15,500 level. A decisive move above this can pave the way for a rally towards 15,750. On the downside, failure to maintain above 15,500 might trigger a pullback.
- Tomorrow's Key Levels for QQQ: It's crucial for the price to find solid footing at the 375 mark. This level should act as robust support.
SPX & SPY Analysis:
- Key Levels for SPX: We're keenly watching the 4500 resistance level. A break and hold above this could signal further upside. However, the 4475 price point is expected to offer support should the momentum wane.
- Key Levels for SPY: Bulls would want to see a break above the 450 level, while 445 stands out as the immediate support.
Stay tuned for further updates and adjust your trading strategies accordingly. Always remember to manage your risks and trade safely!