Login

Register

Login

Register

NASDAQ 100 Technical Analysis: How High Will It Bounce

The NASDAQ 100 is roaring back today with a gain of 4.5%. This monster move is a result of yields dropping, coupled with a major technology stock oversold condition. So how high could this bounce go? Based on the NASDAQ 100 technical analysis, the upside could take the QQQ to $320.00. That means there is another $7.00 of upside on the QQQ before it hits major resistance. Ultimately, investors should understand yields will eventually head towards 2% on the 10 year. This means the NASDAQ 100 technology stocks will sell more in the coming months. However, in the next few weeks, yields are likely to chop/consolidate, thus allowing the NASDAQ 100 to trade up to the $320.00 level.

Members of Gareth’s Verified Investing Alerts closed out a total of 206 swing trades in 2020 for a net gain of 1,507.67%. So far in January and February 2021, Gareth already banked 301.34% net (32 winners, 1 loser), in Verified Investing Alerts. Members are crushing 2021!  Join now and get the exact entry/exit price alerts, stops and targets…LIVE. Get The Action NOW by Clicking HERE.