The US NAS100 price Fell. The declines come after the White House said Wednesday that it would grant a one-month delay for tariffs on automakers whose cars comply with the United States-Mexico-Canada Agreement. This fueled traders’ hopes that Trump could provide further exemptions, lifting the major averages on Wednesday.
The price declined as anticipated and has stabilized below 20,545. Today, it is expected to attempt a breakout at 20,290 to reach the next support zone between 20,110 and 20,935. Should the price fall below this zone, the next key support level is at 19,735.
Bearish target: 20,290. 20,110. 20,935.
From a technical perspective, a confirmed bullish reversal would require a breakout above the resistance zone between 21,385 and 21,030.
Bullish target: 20,545. 21,385. 21,030.
The price declined as anticipated and has stabilized below 20,545. Today, it is expected to attempt a breakout at 20,290 to reach the next support zone between 20,110 and 20,935. Should the price fall below this zone, the next key support level is at 19,735.
Bearish target: 20,290. 20,110. 20,935.
From a technical perspective, a confirmed bullish reversal would require a breakout above the resistance zone between 21,385 and 21,030.
Bullish target: 20,545. 21,385. 21,030.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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.