menu search

Nasdaq and S&P 500 technical analysis: What's happening before Powell this week?

Nasdaq and S&P 500 technical analysis: What's happening before Powell this week?

Nasdaq futures techncal analysis for today

Despite the choppy price action, Nasdaq futures technical analysis on a four-hour time frame suggests that, despite a failed breakout yesterday, there is a potential for an upside breakout. The market appears to be waiting for more information from Powell later this week.

Traders and investors should keep an eye on the EMA20 (four-hour timeframe) at 12,233. (even though the EMA 20 on the daily is a much more popular indicator, watching th... Read More

Posted: Mar 7 2023, 07:30
Author Name: forexlive
Views: 110836

Search within

Pages Search Results: