"US NASDAQ 100 futures were slightly higher on Thursday as investors awaited comments from Federal Reserve Chair Jerome Powell, expected later this week."
Generally, the Direction is uptrending
Uptrend Side: The NASDAQ 100 Index is currently trading at around 19,850. A break above this level could lead to further gains, potentially reaching the next resistance at 20,100. If the price stabilizes above $20,100, it would strongly reinforce the bullish trend.
Downtrend Side: if the price stabilized below 19.550 as a corrective move. However, if the downtrend persists, it may further support a continued decline toward under 19.200, and then it will touch the 18.645 level.
Tendency Keys: 19850