Nasdaq 100 Technical: Further Potential Downside Pressure as Key Support Broke
Broke below a key ascending trendline on last Friday, 20 October that has acted as support for prior down moves since December 2022. Implied volatility of Nasdaq 100 measured by the CBOE VXN Index has staged a significant bullish breakout and rallied to a 7-month high of 25.31. Key short-term resistance to watch will be […] The post Nasdaq 100 Technical: Further Potential Downside Pressure as Key Support Broke appeared first on Action Forex.
Broke below a key ascending trendline on last Friday, 20 October that has acted as support for prior down moves since December 2022. Implied volatility of Nasdaq 100 measured by the CBOE VXN Index has staged a significant bullish breakout and rallied to a 7-month high of 25.31. Key short-term resistance to watch will be […]
The post Nasdaq 100 Technical: Further Potential Downside Pressure as Key Support Broke appeared first on Action Forex.
