USNAS100 4H / Uptrend Or Yet...
Futures edge higher as the prospect of Sept rate cut grows
Nasdaq Technical Analysis
The price still consolidating between 19625 and 20100.
Bullish Scenario:
A correction to 19770 is possible before resuming the bullish trend, in general Stability above 19625 will support a bullish trend to 20100
Bearish Scenario:
A bearish move could unfold if the price breaks below 19,625, confirmed by a 4-hour candle close beneath this level, potentially leading to a drop towards 19,390 and a test of the 19,210 support.
in the short term stability under 19770 will support falling to get 19625
Key Levels:
- Pivot Point: 19780
- Resistance Lines: 20100, 20260, 20470
- Support Lines: 19625, 19390, 19220
Expected Trading Range Today: 192625 to 20100
Trend: Bullish while above 19770
Nasdaq Technical Analysis
The price still consolidating between 19625 and 20100.
Bullish Scenario:
A correction to 19770 is possible before resuming the bullish trend, in general Stability above 19625 will support a bullish trend to 20100
Bearish Scenario:
A bearish move could unfold if the price breaks below 19,625, confirmed by a 4-hour candle close beneath this level, potentially leading to a drop towards 19,390 and a test of the 19,210 support.
in the short term stability under 19770 will support falling to get 19625
Key Levels:
- Pivot Point: 19780
- Resistance Lines: 20100, 20260, 20470
- Support Lines: 19625, 19390, 19220
Expected Trading Range Today: 192625 to 20100
Trend: Bullish while above 19770
my free signals channel telegram
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
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.