USNAS100 - EXHIBITING A BULLISH TREND
Generally, the direction is uptrend
Uptrend Side: The NASDAQ 100 Index (NDX) is exhibiting a bullish trend. the price has established a consolidation zone between the recent resistance at 21,220 and support at 21,020. To initiate an upward trend toward the new high of 21,400, a decisive breakout above the 21,220 resistance level is necessary. This breakout should be confirmed by a 15-minute candlestick closing above this resistance, indicating sustained buying pressure and the potential for continued upward momentum.
Downtrend Side: The price has tested the support level at 21,020 twice since yesterday, indicating a potential weakening of this support. If the price decisively breaks below this level, it may decline toward the next support levels at 20,865 and 20,714. Monitoring these levels is crucial for anticipating further downward movement.
Tendency Keys: 21,020
Uptrend Side: The NASDAQ 100 Index (NDX) is exhibiting a bullish trend. the price has established a consolidation zone between the recent resistance at 21,220 and support at 21,020. To initiate an upward trend toward the new high of 21,400, a decisive breakout above the 21,220 resistance level is necessary. This breakout should be confirmed by a 15-minute candlestick closing above this resistance, indicating sustained buying pressure and the potential for continued upward momentum.
Downtrend Side: The price has tested the support level at 21,020 twice since yesterday, indicating a potential weakening of this support. If the price decisively breaks below this level, it may decline toward the next support levels at 20,865 and 20,714. Monitoring these levels is crucial for anticipating further downward movement.
Tendency Keys: 21,020
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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