US100: Weekly Bullish, Short-Term Bearish—Two Key Scenarios

The US100 (Nasdaq) remains bullish on the higher (Weekly/Daily) timeframes, but short-term (4H/2H) indicators suggest a correction or pullback. This creates a split bias: either the market finds support and resumes the uptrend, or it breaks key levels and continues lower.

• Support Zones:
• 21,580–21,400 (immediate short-term supports)
• 21,200–21,000 (major daily support, 100 SMA area)
• Weekly Support extends down to ~19,500–21,000 on deeper pullbacks
• Resistance Zones:
• 21,900–22,000 (key intraday resistance + pivot)
• 22,200–22,300 (recent peak & bearish order block)

Scenarios
• Scenario A (Bullish Continuation)
• Look for price to hold 21,580–21,400 support and reclaim ~21,700–21,800 on higher timeframes.
• Aggressive traders may front-run a bounce near 21,580 (tight stops below 21,530).
• Conservative traders might wait for a Daily close above ~21,900 with momentum (RSI >50, bullish MACD).
• Invalidation: A daily close below ~21,000 could trigger further downside.
• Scenario B (Bearish Reversal / Deeper Correction)
• If price fails at 21,700–21,900 or breaks below 21,580 decisively, watch for a move to 21,400 or even 21,000.
• Aggressive shorts may enter on a retest of 21,700–21,800 (broken support → resistance) or a clean break below 21,580.
• More conservative bears might wait for a Daily close under 21,000–21,200 and a confirmed downtrend on momentum indicators.
• Invalidation: A strong 4H close back above 21,900–22,000 would weaken the bearish case.

Risk Management / Disclaimer
Use stops, manage position sizes, and monitor macro news. This post is for educational purposes only—not financial advice.