E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis
September E-mini NASDAQ-100 Index futures are trading sharply higher at the mid-session on Tuesday after rebounding from early session weakness. The huge intraday rally was fueled after the Trump Administration announced it was delaying some tariffs against China until December 15. The items excluded by the tariffs include cellphones and clothing. The move helped trigger a surge in technology stocks include Dow component Apple, which jumped 4%.
Trading Central – NASDAQ
NZD/USD Forex Technical Analysis – August 14, 2019 Forecast
A sustained move under .6483 will indicate the presence of sellers. If this generates enough downside momentum then look for an eventual retest of last week’s low at .6378, followed by the January 20, 2016 main bottom at .6346. This is a potential trigger point for an acceleration to the downside with the next major target the August 24, 2015 main bottom at .6207.
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