USNAS100 (More Bullish or Yet...)

By SroshMayi
Technical Analysis

The price is expected to continue its bullish trend toward 18,735, having already stabilized in the bullish zone. The movement range will likely be between 18,550 and 18,820 until a breakout occurs.

  • Bullish Scenario: As long as the price remains above 18,600, it is likely to reach 18,735 and potentially 18,820.

  • Bearish Scenario: A stabilization below 18,550 would suggest a bearish trend, targeting 18,435 and 18,240.

    Pivot Line: 18600
    Resistance Levels: 18735, 18820, 18940
    Support Levels: 18550, 18435, 18250

    Today's range is expected to be between the support at 18230 and the resistance at 18820.
NASnasdaqSupply and DemandSupport and ResistanceTrend Analysisusnasusnas100
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