Nasdaq 100 Outlook: Gaps Lurk Below, Pepsi (PEP) Earnings on Tap

Trading at $132.3, PEP is within reach of all-time highs around $135.2 – narrowly outside the earnings-implied price move. That said, no clear-cut resistance exists between the two levels which could encourage bulls to push higher on the back of an earnings beat. On the other hand, Pepsi enjoys nearby support within the implied range at $131. The level offered resistance in May, while more-recently supporting prices in June and July.

交易价格为132.3美元，PEP达到135.2美元的历史高位 - 远低于盈利隐含价格走势。也就是说，两个水平之间没有明确的阻力，这可能会促使多头在盈利结果的推动下走高。另一方面，百事可乐在隐含范围内享有近期支撑位131美元。该水平在5月份出现阻力，而近期支撑价格在6月和7月。

Pepsi (PEP) Price Chart: Daily Time Frame (June 2018 – June 2019)

百事可乐（PEP）价格走势图：每日时间表（2018年6月 - 6月） 2019）

With that in mind, topside targets look attractive from a technical perspective but do not exist without risk. Regardless, Pepsi looks poised to drive sentiment for the Nasdaq 100 on Tuesday – a role that carries greater weight than a single stock move could hope to control.

考虑到这一点，从技术角度来看，上部目标看起来很有吸引力，但没有风险就不存在。无论如何，百事可乐看起来已经准备好在周二推动纳斯达克100的情绪 - 这个角色的重要性超过单一股票走势可能希望控制的。

Nasdaq 100 Price Chart: 4 – Hour Time Frame (April – July) (Chart 2)

纳斯达克100价格走势图：4 - 小时时间框架（4月 - 7月）（图2）

When exploring positions on the Index, traders should be wary of a gap beneath the current trading price - which could exacerbate declines if bearish price action takes hold – from 7,738 to 7,678. Moderate technical support exists beneath the gap at 7,660.

在探索指数上的头寸时交易者应该警惕当前交易价格之下的差距 - 如果看跌价格行动持续，可能会加剧下跌 - 从7,738到7,678。在7,660的差距之下存在适度的技术支持。