Search for Direction Continues in Nas100

NAS100 (March 2024 Maturity) Technical Analysis

In the index, where the strong upward trend continues, if the 17,000 level is exceeded, the 17,060 level can be targeted in the short term, while the fibo 161.8% level of the 14,140-16,000 trend movement will be followed as a critical resistance of 17,200. In downward pricing, 16,800-16,680 can be monitored as important supports.
 
Resistances: 17.000 / 17.060 / 17.200
Supports: 16.800 / 16.680 / 16.600
 

EXXONMOBIL Technical Analysis

The level of 101.44, where the 20-day exponential moving average passes, can be followed as an important threshold in the stock, which had a negative closing on Monday. In case pricing falls below 101.44, 100.60 and 99.80 can be followed as important support levels. In case of a possible recovery trend, 102.60 and 103.60 can be targeted as important resistance levels.
 
Resistances: 102.60 / 103.70 / 104.30
Supports: 100.60 / 99.80 / 99.00
 

PAYPALTechnical Analysis

Last week, we saw that the stock, which tested the 63.98 region, where the 200-day exponential moving average passed on Thursday, could not provide permanence in this region. On the first trading day of the new week, PAYPAL stock completed the day in the positive zone with the recovery trend. If upward movements continue today, 61.95 and 62.81 can be followed as important resistance levels in the short term. In possible pullbacks, 60.74 and 59.73, where the 100-day exponential moving average passes, can be followed as important support levels.
 
Resistances: 61.95 / 62.81 / 63.93
Supports: 60.74 / 59.73 / 58.93
 

WHEAT Technical Analysis

If the downward movements continue in Wheat, which is followed by a sellers' course today after the sharp decline yesterday, $ 609.25 and $ 601.00 can be followed as support levels. If recovery trends come to the agenda, $ 626.25 and $ 632.00 can be followed as resistance levels.
 
Resistances: 626,25 / 632,00 / 642,00
Supports: 609,25 / 601,00 / 594,00
 

COPPER Technical Analysis

In Copper, which is traded in the positive zone on the second trading day of the week, the $ 392.75 level can be followed as a critical resistance in upward pricing. If this level is exceeded, 396.60 can be followed as another resistance level. If downward movements come to the agenda, 383.00 and 379.50 dollars, corresponding to fibo 23.6%, can be monitored as support levels.
 
Resistances: 392,75 / 396,60 / 399,80
Supports: 383,00 / 379,50 / 377,15