ALB Limited 17.11.2023

Search for Direction Continues in Nasdaq 100 Index Futures Contract

NAS100 Technical Analysis

Technically, if upward movements come to the agenda in the Nasdaq index, which started the day in a horizontal course, 15985 and 16060 dollars can be followed as resistance levels. If downward movements come to the agenda, $ 15850 and $ 15785 can be followed as support levels.

Resistances: 15985 / 16060 / 16130
Supports: 15850 / 15785 / 15715
 

Technical Analysis of LMT (Lockheed Martin Corp.)

Technically, the $ 446.76 level, which corresponds to the 200-day weighted moving average, can be followed as a critical threshold. In the short term, $ 449.80 and $ 452.14 can be followed as resistance levels in the transitions above this level. In case of possible persistence below this level, $ 442.70 and $ 440.52 can be followed as support levels in the short term.

Resistances: 449,80/452,14/453,00
Supports: 442,70/440,52/439,60
 

VALERO Technical Analysis

Supports of 119.70-118.10 can be followed today in the stock, which signals weakening by falling below its short-term moving averages. Technically, 118.10 may be strong support where reaction purchases may increase. In upward pricing, if 124.30 can be passed, 126.00-127.70 levels can be targeted respectively.


Resistances: 124.30 / 126.00 / 127.70
Supports: 119.70 / 118.70 / 118.10
 

WHEAT Technical Analysis

Technically, Wheat pricing is close to flat in the short term. In case of upward movements, 560.50 and 566.50 dollars can be followed as resistance levels in the short term. In possible downward movements, support levels of 550.00 and 546.00 dollars can be monitored.

Resistances: 560,50 / 566,50 / 570,00
Supports: 550,00 / 546,00 / 539,75
 

COPPER Technical Analysis

Technically, the level of 368.94, which corresponds to the 100-day weighted moving average, can be followed as a critical threshold. In case of persistence above this level, 371.88 and 372.40 can be followed as resistance levels in the short term. In case of a possible move below this level, 368.24 and 367.40 can be followed as support levels.

Resistances: 371,88 / 372,40 / 374,20
Supports: 368,24 / 367,40 / 366,25

Tags: Technical Analysis, Analysis, Forex