NDXUSD

image

NDXUSD

NDXUSD - With the disclosure of financial statements, profit-taking actions are occurring outside of the upward trend in the Nasdaq Stock Exchange Index. It appears that considering long positions in this index is seen as risky, and any upward movements are limited. If there is an upward attack, the 20520 trend band serves as a reference level. Unless a daily close occurs above this specified level, it is anticipated that the upward trend may not be sustainable. From a technical perspective, the 20277 level is identified as support, and 20520 as resistance. Given the potential impact of NVIDIA's financial statements, it is advised to make accurate risk calculations when taking positions on November 20-21.