Nd100,Daily Bias Still Bullish | IFCM Iran
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Nd100,Daily Bias Still Bullish

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The Nd100 price forecast in our November 5, 2020 technical analysis was bullish.

  • Market developments after Nd100, Daily November 5, 2020 technical analysis indicate bullish momentum still.
  1. Nd100, Daily edged up 0.1% since November 5, 2020.
  2. Nd100, Daily futures is set to open with a gap up after Biden, Harris victory speeches.

Here is what indicators show as of November 9, 2020:

  • The Parabolic Indicator gives a bullish signal.
  • The Donchian Channel gives a bullish signal: it is widening up.
  • The MACD indicator gives a bullish signal.
  • The RSI oscillator gives a neutral signal.
  • The Fractals give a bullish signal.
  • The MA(200) Indicator gives a bullish signal.

So the forecast remains bullish for the Nd100, Daily.

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