NASDAQ-100 Daily Forecast Aug 01 2014

Stocks-265488-1

Outlook in NASDAQ-100  index remains on the upside as long as support 3852/3829 holds on a daily closing basis , resistance comes at the 3927 levels ahead of  3968 (main) , sustained trading above the 3968 levels would open 4044 next , further upside will aim the 4125 levels….

On the downside , support comes at the 3852 levels ahead of the 3829 levels (main) , losing this level on a daily closing basis will turn outlook towards  the 3750/3700 levels before the next possible rise …

In all , as long as 3852/3829 holds on a daily closing basis , outlook in NASDAQ-100  index remains on the upside towards the 3927/3968 levels and possible higher towards the 4044 levels , below the  3852/3829 levels , the index will reverse risks towards the 3750/3700 levels……

 

NASDAQ-100 Daily Forecast Aug 01 2014

MARKET DATA

UPCOMING ECONOMIC EVENTS