Remember, the NASDAQ 100 only affects a few stocks, so you’ll need to pay attention to all the usual suspects like Microsoft, Apple, Alphabet, Meta, Tesla and the like. , The NASDAQ 100 index declined during Thursday’s trading session, touching the 50-day EMA. Looking at the start, we have bounced back quite significantly and this suggests that there may be some persistent bullish pressure. I don’t think we are quite ready to break yet, but if we break through the hammer, there is a chance we could go down to the 10,800 level. Advertisement Stock Markets Crash Again Buy Dips Now! Remember that only a few stocks affect the NASDAQ 100, so you have to pay attention to all the usual suspects like Microsoft, Apple, Alphabet, Meta, Tesla, etc. Ultimately, this is a situation where the market is trying to determine if the 11,700 level provides some level of support, as it previously showed enough resistance in „market memory”. Volatility and volatility are still important players in the market. If we can break above Tuesday’s shooting star candlestick, it could open the door to a move closer to the 12,500 level. There is a 200-day EMA, so it makes sense that we would see a bit of a brick wall above. A break above that would obviously be very bullish, as would a break below the hammer of Thursday’s session. Down there, we could go to the 10,800 level, which is the area under which we formed a double bottom, and so I think that will create a nice close. It’s all about the interest rate, because 10 years still suggests we’re seeing an easier Fed, while 2 years suggests the Fed isn’t going anywhere with its monetary policy. I think we will continue to see a lot of „push/pull” going forward as volatility continues to be a major factor. The election expires on Friday, so we might have a bit of an irregular session as well, so keep that in mind. The most important thing you can do is to keep the size of your website small.