US100 Technical overview
As of Friday, May 16, 2025, the Nasdaq 100 futures (US100) experienced a notable rally, closing at 20,848 points. This surge was driven by renewed optimism surrounding U.S.-China trade negotiations and signs of easing inflation, contributing to a bullish market sentiment.
On the (4H) chart, the market has established a new bullish zone between 21,320 and 22,300 points. This range is significant as it encompasses the recent highs and aligns with key technical levels, suggesting potential for further upward movement. A sustained breakout above 22,300 could signal a continuation of the bullish trend, potentially targeting the next resistance levels.
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As of Friday, May 16, 2025, the Nasdaq 100 futures (US100) experienced a notable rally, closing at 20,848 points. This surge was driven by renewed optimism surrounding U.S.-China trade negotiations and signs of easing inflation, contributing to a bullish market sentiment.
On the (4H) chart, the market has established a new bullish zone between 21,320 and 22,300 points. This range is significant as it encompasses the recent highs and aligns with key technical levels, suggesting potential for further upward movement. A sustained breakout above 22,300 could signal a continuation of the bullish trend, potentially targeting the next resistance levels.
we need to support from you Prace the Button and give us like and comments Thanks For Supporting.
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