will nQ100 go upp or down 10th of july
8/11/2025 02:27pm
The likelihood of the NASDAQ 100 (^NDX) experiencing an upward price movement on July 10, 2025, is moderate. Here's why:
1. **Current Trend**: The NASDAQ 100 has been on a bullish trend, with a recent forecast indicating a bullish trend lasting for 12 days. This suggests that the index could continue to rise in the near term.
2. **Forecast Price Trend**: The forecast for the NASDAQ 100 on July 10, 2025, is bearish. This indicates a potential downward movement in the index on that day.
3. **Support and Resistance Levels**: The NASDAQ 100 is currently positioned between narrow resistance and wide resistance levels. This suggests that while there is potential for upward movement, it may face resistance at the higher level.
4. **Market Sentiment**: Recent sentiment has been neutral to slightly positive, with a focus on the QQQ structure modernization and partnership initiatives by Invesco. This positive sentiment could potentially support the NASDAQ 100's price.
In conclusion, while there is a possibility of an upward movement on July 10, 2025, the forecast for the day is bearish, and the index is positioned between resistance levels, which could limit upward movement. Therefore, the likelihood of the NASDAQ 100 going up on that day is moderate.