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Nasdaq 100 poised for additional features
The index ended the week greater, rebounding above 18,000 and holding above its 200-day shifting common. Additional upside targets are 19,000 after which the late July excessive of 19,500. An in depth again beneath 18,000 may sign the start of a brand new spherical of decline.
Nasdaq 100 each day chart
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Quantity
Dow recovers losses
Bullish views additionally prevailed after the index rebounded from this week’s lows of round 38,500 factors.
An in depth again above the 50-day shifting common would assist strengthen the bullish case and open the way in which in direction of 40,000 and past. Sellers would want an in depth again beneath 39,000 to counsel a retest of the current lows.
Dow Jones Every day chart
|
modified from |
lengthy head |
shorts |
Hey |
| each day | 7% | 0% | 2% |
| weekly | -1% | 2% | 1% |
Quantity
Dax pushes greater
The index was near 17,000 final week and has now recovered properly, again above the 200-day shifting common.
It has recovered to its April lows and now seems to be set to check 18,000. An in depth above this degree would assist assist the view that the index will retest July highs. Sellers want to see an in depth again beneath 17,500 to carry it again beneath the 200-day shifting common.
German DAX Index Every day chart
