US Nas 100
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USNAS100 - UPTREND CHANNEL

266
Generally, the direction is uptrend

The price has formed an ascending channel, indicating a continuation of the upward trend. We anticipate that the price will rise to test the resistance levels at 20,865 and 20,020. In an ascending channel, the price oscillates between parallel upward-sloping support and resistance lines, reflecting higher highs and higher lows. This pattern suggests sustained bullish momentum.

Uptrend Side: stabilized above 21,715, with expectations of reaching 20,865 and 21020.

Downtrend Side: The bearish trend with trading below 20715 is likely to extend the downtrend toward 20,550 and subsequently to 20,325.

Tendency Keys: 20715
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