US 100 Cash CFD
Long

NAS100 possibility of price rising/Divergence with US30

193
On the higher timeframe, NAS100 maintains a bullish momentum. In recent days, the index has experienced a decline from the 22,226 high to 19,113. Notably, it has been trading within a rising channel and is currently positioned near the channel's support area. On lower timeframes, a divergence with the Dow Jones Index (US30) has been observed, suggesting a potential reversal. If a reversal occurs, an upward move toward 20,625 is anticipated, with a potential extension to 21,360.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.