Wall Street's main indexes eyed a flat open on Friday as initial jitters about an escalation in the Middle East conflict subsided. At the same time, Netflix dropped after forecasting current-quarter revenue below estimates.
Netflix NFLX slumped 8.3%
Technically:
As long as the price remains below 17,400, it is expected to continue in a bearish trend, potentially falling to 17,230 and 17,150, driven by the ongoing bearish momentum and heightened tensions in the Middle East.
However, if the price reverses and stabilizes above 17,500, it indicates a shift to a bullish trend, with targets likely at 17,660 and 17,790.
pivot line: 17620
Resistance Price: 17790 & 17940 & 18080
Support price: 17400 & 17150 & 16950
Its range for Today will be between Support 17150 and Resistance 17790
previous idea
Netflix NFLX slumped 8.3%
Technically:
As long as the price remains below 17,400, it is expected to continue in a bearish trend, potentially falling to 17,230 and 17,150, driven by the ongoing bearish momentum and heightened tensions in the Middle East.
However, if the price reverses and stabilizes above 17,500, it indicates a shift to a bullish trend, with targets likely at 17,660 and 17,790.
pivot line: 17620
Resistance Price: 17790 & 17940 & 18080
Support price: 17400 & 17150 & 16950
Its range for Today will be between Support 17150 and Resistance 17790
previous idea
my free signals channel telegram
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
