Short Term Outlook

The NASDAQ Combined Composite Index is currently in a rising trend channel, indicating that investors are buying the index at higher prices. This trend suggests a positive development for the market.

• Support Levels: 23,060
• Resistance Levels: 23,630
• RSI Trend: Rising, supporting the positive trend

Recommendation (1 to 6 weeks): Weak Positive (Score: 44)

Medium Term Outlook

In the medium term, the NASDAQ Combined Composite Index shows strong development within a rising trend channel, signaling increasing optimism among investors. However, a head and shoulders formation is developing, which could indicate a potential reversal.

• Support Level: 21,952 (critical for trend continuation)
• Resistance Level: 23,600 (testing this level may lead to a negative reaction)
• RSI Trend: Falling, indicating a possible trend reversal

Recommendation (1 to 6 months): Hold (Score: 24)

Key Indicators

Indicator	Price	Objective
High-RSI	25,404.85	-
Last Close	23,395.82	-
Short Term Trading Range	23,235.63	-
Long Term Trading Range	22,693.32	-
Head and Shoulders Pattern	21,951.67	20,264.69
Low-RSI	21,751.18	-

Conclusion

The NASDAQ-100 is currently experiencing a positive short-term trend, but caution is advised in the medium term due to potential reversal patterns. Investors should monitor key support and resistance levels closely and consider holding positions in the medium term while being prepared for possible volatility.