NASDAQ-100 Daily Forecast Jul 01 2014

Stocks-265488-1

Outlook in NASDAQ-100 index remains on the upside towards the 3876 levels ahead of the 3911 levels , further upside will aim the 3950 levels…

On the downside , support comes at the 3849 levels ahead of  the 3821 levels ( main) , stability above support levels will keep the bullish momentum intact and could push the pair beyond the 3876 levels…..However ; losing the 3849 levels on a daily closing basis would only delay the bullish move for retesting the 3821 levels , further downside will aim the 3871 levels before the next strong rise…

In all , as long as support 3821 holds on a daily closing basis , outlook in NASDAQ-100 index remains on the upside towards the 3876 levels ahead of the 3911 levels………below 3821 will reverse risks towards the 3871/3849  levels before the next strong rise….

 

NASDAQ-100 Daily Forecast Jul 01 2014

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