Nasdaq100 Daily & Weekly

by Ashraf Laidi

Jul 17, 2024 17:53

The triple top in weekly RSI suggests the following price and time implications: 

PRICE: 18700. TIME: Duration of downside may last for another 3 to 4 weeks. This means downside in technology may last into late August, when Nvidia releases its next earnings (August 28), 2 days before the much anticipated annual Federal Reserve Symposium in Jackson Hole, where Powell will give an important update on monetary policy, much needed as it comes 3 weeks after the July FOMC and 3 weeks before the September FOMC.  Ive already mentioned the 2 fundamental reasons to the Nasdaq selloff to the WhatsApp Bdcast Group. I will explain the meanings of the labeled prices to the Group after this post.      

Click To Enlarge

Click To Enlarge

More Hot-Charts

• Selected Stocks

  Nov 3, 2025 16:06 | by Ashraf Laidi
  سأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات - Will send a detailed note on latest technical parameters to our WhatsApp Bdcst Group...

• Gold Range or Shoulders?

  Oct 31, 2025 11:59 | by Ashraf Laidi
  سأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات - Will send a detailed note on latest technical parameters to our WhatsApp Bdcst Group...

• Currency School

  Oct 29, 2025 12:11 | by Ashraf Laidi
  سأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات . Will send a detailed note on latest technical parameters to our WhatsApp Bdcst Group ..