NASDAQ 100 (US tech index)

Hi i could't find a topic related to this index so i opened new  . 
Probably everyone knows Nasdaq 100 technology index and almost every broker have this is in offer. 

My analysis for today and upcoming week. 

now 10000 level is the for buyers and 10130 for sellers . it is for term. longer terms i would wait with any buying until 9550.
but this very strong uptrend so i suppose that 10000 should hold then strong break above 10130 is another confirmation... 

Linkback: https://www.forex.zone/technical/11/nasdaq-100-us-tech-index/3128/

UPDATE,


Nasdaq is falling to 10000.0 level so this crucial for this day , break below would suggest 9886 as a target. or it will hold let's see if it is fake.

UPDATE 2.    the second scenario played out nicely.  9886 reached . 10000 broken . will see what next week show. Nasdaq 100 is sitting on the weekly open now. 

i looked on Weekend on Nasdaq and current situation looks like deeper correction could occur min 9500-9545.
there i see some buyers. previous days showed some weakness (finally) . this could be  overbalance correction (1 to 1).

ok Nasdaq gapped lower and until US open there was no continuation to the downside, after US session open the price tested overnight low and from this time price is getting higher and higher so it can jump again above 10000.. month end flow is not so easy to read.  i mean 9500 -45 correction probably will not occur.

NASDAQ 100 update

from my previous analysis  the level 10575 is still valid as a key turing point for bulls for further upside move. now we can see on m30 chart that price formed inverted head and shoulders , h4 closed the bullish pinbar and still developing daily candle also try to form bullish pin.  as mentioned earlier confirmation of the upside would be above 10575.

NASDAQ 100


So the level 10575 still relevant until it fails now provide a support tested with h4 bullish pinbar. yesterday bulls broke this mentioned 10575 which was resistance earlier after last week;s drop. 

The weekly suggest that the price is in the middle of two weeks opens so bounce above shoud accelerate the buying. 
Alternatively  sellers could push again the price below 10575 , then selloff should accelerate

NASDAQ 100

similar to SP500 but not exactly ..

Strong monthly and weekly close , with buyers around 10575 (level mentioned in my previous analysis) nicely defended.
Sellers are stilll sitting around 10955 and 11060 so for now if buyers will hold above 10950-55 the test of 11060 is possible or just new all time high.  from h4 perspective Friday was 250 points range day with hard selling at the open to strong buying to the close and the day closed unchanged .. 

Nasdaq 100 (NQ)

from yesterday's demand zone the price bounced above weekly open around 11142 which is very near term support and looking at volume area the major buying zone is located between 11072 - 11100 . From h1, h4 no corrections , daily - 1 day absorbed two previous days but the day is still open.