US Nas 100Long
USNAS100 - It Continues New Level Records
Updated
The USNAS 100 index has successfully reached our previously identified target of 20000 and is attempting to stabilize above this level. Presently, the index is approaching the significant resistance level of 20,000. If the index touches this resistance, it is anticipated that it will undergo a retest at 19,890 or 19,805 before resuming its upward trajectory. Following this retest, the price is expected to rise again, reaching the previous high of 20,000 and potentially establishing a new high of 20,200.
However, it is important to note that the outlook may turn bearish if the price stabilizes below 19,800. In such a scenario, the stabilization under this level could indicate a shift in trend, suggesting a potential decline in the index. Therefore, monitoring the price action around these key levels is crucial for anticipating the future direction of the USNAS 100 index.
However, it is important to note that the outlook may turn bearish if the price stabilizes below 19,800. In such a scenario, the stabilization under this level could indicate a shift in trend, suggesting a potential decline in the index. Therefore, monitoring the price action around these key levels is crucial for anticipating the future direction of the USNAS 100 index.
Note
The price has reached the target and stabilized above 20,000. As long as trading remains above this level, it will reach the next target of 20,200. Exercise caution regarding any significant retests.
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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