US 100 Cash CFD
Short

Oversold but Not Safe – NAS100 Bears Still in Control

122
  • Currently trading below the 20-day SMA (middle of Bollinger Bands), indicating bearish momentum.
  • Support zone: ~17,600 (recent lows and high volume area)
  • Resistance zone: ~18,800–19,200 (middle Bollinger Band & recent highs)
  • Failure to break above 18,800 and another test of 17,600 could lead to continuation downward, possibly toward 17,000–16,800.

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