NAS100 Will Grow! Long!
Please, check our technical outlook for NAS100.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 18126.71.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 18304.92 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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