The US100 (NASDAQ) edged slightly higher on Tuesday, with the benchmark index hitting a fresh intraday high. Investors remained cautious, awaiting comments from a series of Federal Reserve speakers for further clarity on the future direction of monetary policy.
Technically, a false breakout below support could signal continued upward momentum. If the index retests that support level and holds, weaker selling pressure may fade, paving the way for a move higher toward the next resistance levels and there target will 25,100.
You may find more details in the chart.
Trade wisely best of Luck Buddies.
Ps; Support with like and comments for better analysis Thanks For Support.
Technically, a false breakout below support could signal continued upward momentum. If the index retests that support level and holds, weaker selling pressure may fade, paving the way for a move higher toward the next resistance levels and there target will 25,100.
You may find more details in the chart.
Trade wisely best of Luck Buddies.
Ps; Support with like and comments for better analysis Thanks For Support.
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Join My telegram Channel
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Free Forex Signals
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.