NASDAQ-100 Daily Forecast Oct 30 2014

Stocks-265488-1

Outlook in NASDAQ-100 index remains on the upside as long as support 4022 holds on a daily closing basis , resistance comes at the 4114 levels , a halt is likely , but a break would open 4231 next , further upside will aim the 4360 levels..

On the downside , support comes at the 4022 levels , losing this level will turn outlook neutral for retesting the 3937/3844  levels before the next rise…

In all, as long as support 4022 holds on a daily closing basis , outlook in NASDAQ-100 index remains on the upside towards the 4114 levels ahead of the 4231 levels, below the 4022 will bring a corrective pullback towards the 3937/3844  levels before the next rise.

 

NASDAQ-100 Daily Forecast Oct 30 2014

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