Nasdaq Futures Forecast for 10th September
The resistance sits in the red box drawn around the level from 15,350 to 15,500.
The support sits around 15,000 to 15,030 which happens to be Pivot level P0 and 5 day EMA
Since there is no big news tomorrow, the markets will be choppy and we may get an inside day tomorrow with Fed speakers speaking almost the entire day.
The rally that we got happened in the 2nd half of the day and that too with good volume so that is a positive sign. but the overall daily trend and macro factors does not support the bullish trend so we might have a lot of chopp tomorrow.
Be mindful of these levels.
My Sincere condolences to all the people in the Middle East who are suffering because of the war.
Thanks
The support sits around 15,000 to 15,030 which happens to be Pivot level P0 and 5 day EMA
Since there is no big news tomorrow, the markets will be choppy and we may get an inside day tomorrow with Fed speakers speaking almost the entire day.
The rally that we got happened in the 2nd half of the day and that too with good volume so that is a positive sign. but the overall daily trend and macro factors does not support the bullish trend so we might have a lot of chopp tomorrow.
Be mindful of these levels.
My Sincere condolences to all the people in the Middle East who are suffering because of the war.
Thanks
