USNAS100 New All-Time High with Strong Bullish Momentum

By SroshMayi
Technical Analysis: New All-Time High with Strong Bullish Momentum

The price has recorded a new all-time high, indicating strong bullish momentum.

  • Today's Outlook:
    The indices market is expected More bullish due to the high market cap volume.

  • Bullish Scenario:
    As long as the price trades above 19885 means will continue the bullish trend to get 20250 with correction till 19885

  • Bearish Scenario:
    If the price breaks below 19,880 and closes a 4-hour candle under this level, it may enter a downtrend, targeting the demand zone between 19,625 and 19,525.

  • Key Levels:
    - Pivot Line: 19,885
    - Resistance Levels: 20,050, 20,150, 20,250
    - Support Levels: 19885, 19525, 19230

  • Today's Expected Range:
    The price is expected to fluctuate between the support at 19,525 and the resistance at 20,250.

NASDAQ 100 CFDnasdaqSupply and DemandSupport and ResistancetechnologystocksTrend Analysisusnas100ustech
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