USNAS100 4H : Support to decline

USNAS100

New forecast

Yesterday, the index price rallied above the resistance, recording some instantaneous gains and then quickly rebounding towards 15182, thus postponing the upward rally for the current trading.

Therefore the downtrend scenario will be more likely for the coming period and our target will be began by branching and stabilized under 15063 level to targeting 14910 and extend 14822, taking into account that stabilized above 15267 will return to the bullish trend again and support the price to rise up.


The expect range trading for today it will be between the resistance line 15267 and support line 15063.

Additionally Today ,New York sessions will affect on the Indices .

support line : 15063 , 14910
resistance line : 15182 , 15267

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Technical IndicatorsSupport and ResistanceTrend Analysisusnas100usnas100nasdaq

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