Nasdaq Composite is trading between 13000-13100 level. If we look at the previous data, the level of 13000 will be crucial support for Nasdaq. If we talk about the downfall, Nasdaq is trading 20% discount from its high level. The chances of reverse the downtrend is high but we can see these level between 13000-13200 for coming days. If it breaks the level of 13000 then 12600 will be its crucial support. As per the data, chances of going down is very low.
If we talk about the resistance level of Nasdaq, 13450, 13860 will be acting as resistance level.
|Second Resistance||13860||Very Strong|
|Second Resistance||25520||Very Strong|