Categories: Technical analysis

Nasdaq-100 Wave Analysis – 19 June 2025

Nasdaq-100: ⬇️ Sell

– Nasdaq-100 reversed from long-term resistance level 22000.00

– Likely to fall to support level 21000.00

Nasdaq-100 index recently reversed down from the major long-term resistance level 22000.00 (which has been steadily reversing the price from the end of last year).

The downward reversal from the resistance level 22000.00 will form the weekly Shooting Star candlesticks reversal pattern if the price closes this week near the current levels.

Given the strength of the resistance level 22000.00 and the overbought weekly Stochastic, Nasdaq-100 index can be expected to fall to the next support level at 21000.00.

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

Share
Published by
The FxPro Tech Analysis Team
Tags: Nasdaq 100

Recent Posts

Dow Jones Wave Analysis – 17 December 2025

Dow Jones: ⬇️ Sell - Dow Jones reversed from resistance level 49000.00 - Likely to fall…

3 hours ago

Comcast Wave Analysis – 17 December 2025

Comcast: ⬆️ Buy - Comcast broke resistance area - Likely to rise to resistance level 31.00…

3 hours ago

Platinum Wave Analysis – 17 December 2025

Platinum: ⬆️ Buy - Platinum broke resistance level 1800.00 - Likely to rise to resistance…

4 hours ago

Silver Wave Analysis – 17 December 2025

Silver: ⬆️ Buy - Silver broke resistance zone - Likely to rise to resistance level…

4 hours ago

The labour market did not scare the Fed

The Fed is in no hurry to cut rates, and Hassett is unlikely to accelerate…

9 hours ago

The crypto rebound fades with a 40% drop possible

Crypto market faces renewed downward pressure; Bitcoin may drop further, with diverging forecasts for 2026…

11 hours ago

This website uses cookies