Nasdaq Tested 16000 Again!

NAS100 Technical Analysis

Following the US inflation data that came below expectations, the Nasdaq index tested above the 16000 level again after July. As of Thursday morning, Nasdaq is trading in the 15850 region with profit realisations coming to the agenda. In upward movements, the 15950 level can be monitored as a resistance point. In downward movements, if the 15825 level is broken, the 15720 level can be followed as an important support point.

Resistance: 15950 / 16000 / 16060
Support: 15825 / 15720 / 15500
 

HEINZ Technical Analysis

Technically, the 33.50 level, which corresponds to the Fib 23.6% tranche, can be followed as a critical threshold. In case of persistence above this level, 34.02 and 34.30 can be followed as resistance levels in the short term. In possible retracements below this level, 33.23 and 33.00 can be followed as support levels in the short term.

Resistance: 34,02 / 34,30 / 34,70
Support: 33,23 / 33,00 / 32,92
 

PEPSICO Technical Analysis

Pepsico completed Wednesday at 167.26 with reaction sales from 168.65, the critical resistance point of the downward trend. If the downward movement continues, the 166.60 level can be followed as a support point. In upward movements, the level of 168.00 can be followed as a resistance point.

Resistance: 168,00 / 169,50 / 171,50
Support: 166,60 / 164,85 / 162,00
 

WHEAT Technical Analysis

Technically, Wheat, which has been on a downward trend since Tuesday, is also downward pricing today. If downward movements continue, $ 553.75 and $ 546.75 can be observed as support levels in the short term. If these levels are exceeded, $539.75 can be followed as critical support. In case of a possible recovery trend, 563.00 and 567.25 dollars can be monitored as resistance levels.

Resistance: 563,00 / 567,25 / 573,50
Support: 553,75 / 546,75 / 539,75
 

COPPER Technical Analysis

Technically, Copper is traded in the 373.00 region. In possible downward movements, 369.25 and 362.50 can be monitored as support levels. If upward movements continue, 377.80 and 382.50 can be followed as resistance levels.

Resistance: 377,80 / 382,50 / 387,00
Support: 369,25 / 362,50 / 358,00