NASDAQ-100 Daily Forecast Feb 24 2015

Nasdaq1
Nasdaq1

Outlook in NASDAQ-100 index remains on the upside as long as  4430 support holds on a daily closing basis , resistance comes at the 4526 levels , a halt is likely , but a break would open 4590 next , further upside will aim the 4675 levels..

On the downside , support comes at the 4430 levels , losing this level will turn outlook neutral for retesting the 4350/4286 levels before the next rise…

In all, as long as 4430 support holds on a daily closing basis , outlook in NASDAQ-100 index remains on the upside towards the 4526  levels ahead of the 4590  levels, below the 4430 levels will bring a corrective pullback towards the 4350/4286 levels before the next rise.

 

NASDAQ-100 Daily Forecast Feb 24 2015

 

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