• 807 days Will The ECB Continue To Hike Rates?
  • 808 days Forbes: Aramco Remains Largest Company In The Middle East
  • 809 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,209 days Could Crypto Overtake Traditional Investment?
  • 1,214 days Americans Still Quitting Jobs At Record Pace
  • 1,216 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,219 days Is The Dollar Too Strong?
  • 1,219 days Big Tech Disappoints Investors on Earnings Calls
  • 1,220 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,222 days China Is Quietly Trying To Distance Itself From Russia
  • 1,222 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,226 days Crypto Investors Won Big In 2021
  • 1,226 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,227 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,229 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,230 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,233 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,234 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,234 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,236 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

Is the NASDAQ 100 Stuck or Just at a Very Important 'Testing Level'?

The answer is ... "a very important testing level" as you will see in the chart below.

There are two important testing levels being faced at the same time now. The first is the April 7th. Weekly High of 2795.35 needs to be taken out and then second, the Fibonacci 50% level of 2806.20 needs to be taken out.

The question for analyst is: Will this turn out to be a double top, or a continuationmove that goes beyond the double test resistance levels?

NASDAQ 100

 

Back to homepage

Leave a comment

Leave a comment