Oversold but Not Safe – NAS100 Bears Still in Control

• Currently trading below the 20-day SMA (middle of Bollinger Bands), indicating bearish momentum.
  
• Support zone: ~17,600 (recent lows and high volume area)
  
• Resistance zone: ~18,800–19,200 (middle Bollinger Band & recent highs)
  
• Failure to break above 18,800 and another test of 17,600 could lead to continuation downward, possibly toward 17,000–16,800.