Nasdaq in Critical Zone Before FED

NAS100 Technical Analysis

Nasdaq, which started upward momentum with the reaction movement taken from the resistance point of the trapped triangle formation, is trading in the 17710 region at noon. If the upward movement continues, the 17800 level can be monitored as a resistance point. In case of possible downward movements, the 17540 level can be monitored as a support point.

Resistances: 17800 / 17900 / 18000
Supports: 17540 / 17500 / 17440
 

HEINZ Technical Analysis

If the upward movements in the stock, which closed above the 20-day exponential moving average yesterday, continue, 37.70 and 38.00 can be followed as important resistance levels. In downward movements, 36.90 and 36.60 can be followed as important support levels. If the 36.60 level is crossed downwards, 36.35, where the 50-day exponential moving average passes, can be targeted as another important support level.

Resistances: 37.70 / 38.00 / 38.35
Supports: 36.90 / 36.60 / 36.35
 

FORD Technical Analysis

If the upward movements continue in the stock, which closed the first trading day of the week positively, 11.68 and 11.83 can be followed as important resistance levels. In case of downward movements, the level of 11.36 and 11.21, where the 5 and 10-day exponential moving average is located, can be followed as important support levels. If the 11.21 level is crossed downwards, 11.05 can be targeted as another important support level.

Resistances: 11.68 / 11.83 / 12.00
Supports: 11.36 / 11.21 / 11.05
 

WHEAT Technical Analysis

Wheat, which has been declining in the last two trading days, is following a sellers' course at noon today. If downward movements continue, $589.50 and $586.25 can be followed as support levels. In possible upward movements, 595.75 and 598.00 dollars can be followed as resistance levels.

Resistances: 595.75 / 598.00 / 601.00
Supports: 589.50 / 586.25 / 584.25
 

COPPER Technical Analysis

Copper, which provides permanence above the downtrend with the rise it experienced yesterday, has a negative course at noon today. If downward movements continue, 386.00 and 385.25 can be followed as support levels. In upward movements, 388.50 and 389.20 can be followed as resistance levels.

Resistances: 388.50 / 389.20 / 390.30
Supports: 386.00 / 385.25 / 384.50