USNAS100 4H :it look still bullish
USNAS100
New forecast
The index price traded sideways yesterday , and trying to breach the 15356 level , which in turn currently constitutes an extension of new resistance. Therefore, we expect the price to continue in positive trading, but on the condition that the additional area at 15356 is broken and stabilized above by this level, it will facilitate the task for the price to reach 15423. It extends to 15538 .
Therefore the uptrend scenario will be remain valid during coming period once breach 15356 ,However, if the price failure in penetrating the stable resistance and stabilized under 15267 , this will confirm its readiness to resume the negative correction. .
The expect range trading for today it will be between resistance line 15423 and support line 15182.
Additionally Today ,New York sessions will affect on the Indices .
support line : 15267 , 15182
resistance line : 15356 , 15423
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
The index price traded sideways yesterday , and trying to breach the 15356 level , which in turn currently constitutes an extension of new resistance. Therefore, we expect the price to continue in positive trading, but on the condition that the additional area at 15356 is broken and stabilized above by this level, it will facilitate the task for the price to reach 15423. It extends to 15538 .
Therefore the uptrend scenario will be remain valid during coming period once breach 15356 ,However, if the price failure in penetrating the stable resistance and stabilized under 15267 , this will confirm its readiness to resume the negative correction. .
The expect range trading for today it will be between resistance line 15423 and support line 15182.
Additionally Today ,New York sessions will affect on the Indices .
support line : 15267 , 15182
resistance line : 15356 , 15423
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Related publications
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.