Horizontal Course in US Futures Indices
NAS100 Technical Analysis
Although Nasdaq tested the 16200 level with dovish messages from FOMC members regarding the interest rate cut, it gave back the gains with the profit realisations. If the upward movements continue in the index, which continues to stay above the 16000 level in the current time zone, 16080 and 16120 levels can be followed as resistance points. In possible downward movements, 15940 level can be followed as a support point.
Resistances: 16080 / 16120 / 16200
Supports: 15940 / 15840 / 15730
NVIDIA Technical Analysis
In the stock, which has followed a horizontal trend in recent days, attention should be paid to 476.60 support today. If the hold on this level continues, 499.00-506.00 resistances can be retargeted. If 476.60 support is broken, 468.50-462.00 supports can be followed.
Resistance: 499.00 / 506.00 / 510.00
Support: 476.60 / 468.50 / 462.00
3M Technical Analysis
Technically, the $ 98.13 level, which corresponds to the 200-day weighted moving average, can be followed as a critical threshold. In case of a move below this level, $ 97.72 and $ 97.10 can be followed as support levels in the short term. In case of possible persistence above this level, $ 99.10 and $ 99.95 can be followed as resistance levels.
Resistance: 99,10 / 99,95 / 100,52
Support: 97,72 / 97,10 / 96,24
WHEAT Technical Analysis
Technically, if the downward movements continue in WHEAT, which started the day with a slight seller in something horizontal, the $ 581.00 and $ 576.75 region, where the 50-day exponential moving average is located, can be followed as support levels. In case of upward movements, $ 591.00 and $ 594.25 can be followed as resistance levels.
Resistances: 591,00 / 594,25 / 599,75
Supports: 581,00 / 576,75 / 572,00
COPPER Technical Analysis
Technically, 381.50 and 380.70 dollars can be followed as support levels if downward movements continue in Copper, which follows a slightly sellers course. If upward movements come to the agenda, $ 384.15 and $ 385.30 can be followed as resistance levels.
Resistances: 384,15 / 385,30 / 386,30
Supports: 381,50 / 380,70 / 380,00 Tags: Technical Analysis, Analysis, Forex