The NAS100 (US100) on the 4H chart is exhibiting a bullish structure following a recent breakout and retest of the 21,000.0 key resistance level, now acting as support. After forming a local high near 21,777.3, price retraced and is now attempting a second push higher, suggesting buyer strength.
Currently trading at 21,450.0, with
Support at: 21,000.0 🔽
Resistance at: 21,777.3 🔼 and 22,230.7 🔼
🔎 Bias:
🔼 Bullish: If price holds above 21,000.0 and breaks cleanly above 21,777.3, next upside target is 22,230.7.
🔽 Bearish: A drop back below 21,000.0 could open the door for a deeper retracement toward 20,200.0.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Currently trading at 21,450.0, with
Support at: 21,000.0 🔽
Resistance at: 21,777.3 🔼 and 22,230.7 🔼
🔎 Bias:
🔼 Bullish: If price holds above 21,000.0 and breaks cleanly above 21,777.3, next upside target is 22,230.7.
🔽 Bearish: A drop back below 21,000.0 could open the door for a deeper retracement toward 20,200.0.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
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.
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.