The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
The NASDAQ Industrial Index is trading around 29,547 points above the 200 EMA and below the 21 SMA, generating a negative signal. If the NQ remains above 29,400 points, we could expect a technical rebound in the coming hours.
If bearish momentum prevails and the index falls below $29,400, we could expect the downtrend to continue, potentially reaching the June 7 low around 28,200—or even the 2/8 Murray level around 28,125.
On the H4 chart, we can observe the formation of a triple top pattern, which suggests a strong technical reversal in the coming days. For this to occur, we should expect the NQ price to consolidate below 29,414.
If the Nasdaq Industrial Index rebounds above the 3/8 Murray level, this could be seen as a positive signal, and we could buy with targets at the psychological level of 30,000, followed by the 21 SMA around 30,236. Finally, we could expect it to reach the 4/8 Murray level around 31,250.
The Eagle indicator has reached overbought levels and is showing a negative signal, so a technical rebound toward 30,200 could present a good opportunity to open short positions or a drop below 29,414.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
