NAS100 has just tapped into a strong supply zone marked by institutional activity — right around 21,700–21,731. After weeks of bullish momentum, price has now shown hesitation at this level.
📉 If sellers step in here, we may be witnessing the beginning of a retracement back to key demand levels.
---
🔑 Key Levels to Watch:
🔵 Resistance (Current Supply Zone): 21,700 – 21,731
🟦 First Demand Level: 20,507 – A previous structure and breakout zone
🟧 Major Demand Zone: 19,263 – Institutional accumulation zone and strong price memory
---
📊 What to Look For:
✅ Bearish confirmation at the supply zone (rejection candles, break of structure)
✅ Volume spike + lower highs = possible short-term reversal
❗ Invalidation: Clean breakout and retest above 21,731 may continue the bullish rally
---
🔮 Possible Scenario:
🟥 If sellers defend the current level, we could see:
1. Pullback to 20,500 📉
2. Deep retracement into 19,263 if demand fails 🚨
3. Short setups may become attractive below 21,500 with tight stops above the zone
---
⚠️ Why This Matters:
📆 We're heading into a heavy news week (see the upcoming US economic calendar at the bottom of the chart). Volatility is expected. Smart money often moves before major releases!
---
💬 What’s your bias? Are we looking at a fakeout or a breakout?
👉 Drop your analysis below and don’t forget to like if this helped your trading plan!
📌 Follow me FrankFx14 for more smart money insights and daily trade setups.
📉 If sellers step in here, we may be witnessing the beginning of a retracement back to key demand levels.
---
🔑 Key Levels to Watch:
🔵 Resistance (Current Supply Zone): 21,700 – 21,731
🟦 First Demand Level: 20,507 – A previous structure and breakout zone
🟧 Major Demand Zone: 19,263 – Institutional accumulation zone and strong price memory
---
📊 What to Look For:
✅ Bearish confirmation at the supply zone (rejection candles, break of structure)
✅ Volume spike + lower highs = possible short-term reversal
❗ Invalidation: Clean breakout and retest above 21,731 may continue the bullish rally
---
🔮 Possible Scenario:
🟥 If sellers defend the current level, we could see:
1. Pullback to 20,500 📉
2. Deep retracement into 19,263 if demand fails 🚨
3. Short setups may become attractive below 21,500 with tight stops above the zone
---
⚠️ Why This Matters:
📆 We're heading into a heavy news week (see the upcoming US economic calendar at the bottom of the chart). Volatility is expected. Smart money often moves before major releases!
---
💬 What’s your bias? Are we looking at a fakeout or a breakout?
👉 Drop your analysis below and don’t forget to like if this helped your trading plan!
📌 Follow me FrankFx14 for more smart money insights and daily trade setups.
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✅JOIN FREE SIGNALS t.me/frankfxforextrade
✅FOR VIP DM: t.me/frankfx22
✅ AUTOMATED BOT: bot.frankfxx.com/
✅ICMARKETS frankfxx.com/icmarkets
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✅ XM frankfxx.com/xm
✅FOR VIP DM: t.me/frankfx22
✅ AUTOMATED BOT: bot.frankfxx.com/
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ XM frankfxx.com/xm
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.