Outlook for Nas 100 on the 1h TF
The expectation is that the index will continue its bullish run. On the 1h timeframe, we note that price is currently being bounced around due to a bit of "uncertainty between buyers and sellers". The buyers appear to have the edge as even with the formation of messy internal structure, external structure maintains bullish momentum.
Price is also trading above the daily pivot, so this is being considered as confluence for "Long" entries.
Price is also trading above the daily pivot, so this is being considered as confluence for "Long" entries.
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