US Nas 100
Short

USNAS100 Awaits CPI – Will 21,560 Hold or Break?

523
📊 USNAS100 Technical Analysis
The market is expected to be highly volatile today due to the CPI announcement. The expected CPI is 2.9%, the same as the previous reading, indicating no change in inflation. This is likely to have a negative impact on indices, as it suggests no shift in Federal Reserve policy.

🔻 Bearish Scenario:
If CPI remains at 2.9%, price is expected to drop to 21,560.
A confirmed break below 21,560 will extend the bearish trend toward 21,390 and 21,215.
The descending channel structure suggests continued selling pressure unless a reversal occurs.

🔹 Bullish Scenario (CPI Below 2.9%):

If the price stabilizes above 21,560, it could attempt a recovery toward 21,807 and 21,900.
A CPI release below 2.9% would likely trigger a bullish breakout, pushing price toward 22,100 and beyond.

🔑 Key Levels
📌 Pivot Point: 21690
📈 Resistance Levels: 21807, 21900, 22100
📉 Support Levels: 21560, 21390, 21215

Trend Outlook:
Bearish below 21,560
Bullish breakout potential if CPI is lower than 2.9%

💬 Will USNAS100 break 21,560 or bounce toward 21,807? Let’s discuss in the comments! 👇🔥

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