US Nas 100Long
USNAS100 - Consolidate between 19550 and 20100
Stock futures were little changed Monday mornings as investors look to push equities back to record-high levels now that the Federal Reserve indicated that rate cuts are forthcoming.
Generally, the Direction is uptrending
Uptrend Side: The NASDAQ 100 Index is currently trading at around 19,850. A break above this level could lead to further gains, potentially reaching the next resistance at 20,100. If the price stabilizes above $20,100, it would strongly reinforce the bullish trend.
Downtrend Side: if the price stabilized below 19.550 as a corrective move. However, if the downtrend persists, it may further support a continued decline toward under 19.200, and then it will touch the 18.645 level.
Correction: The price may fall until 19550 as a correction, then start rising.
Tendency Keys: 19850
Generally, the Direction is uptrending
Uptrend Side: The NASDAQ 100 Index is currently trading at around 19,850. A break above this level could lead to further gains, potentially reaching the next resistance at 20,100. If the price stabilizes above $20,100, it would strongly reinforce the bullish trend.
Downtrend Side: if the price stabilized below 19.550 as a corrective move. However, if the downtrend persists, it may further support a continued decline toward under 19.200, and then it will touch the 18.645 level.
Correction: The price may fall until 19550 as a correction, then start rising.
Tendency Keys: 19850
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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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