USNAS100 4H : Above 15356 will be more bullish
USNAS100
New forecast
Yesterday, the index price rose in a new upward , achieving to the 15356 , which in turn currently constitutes an extension of new resistance. Therefore, we expect the price to continue in positive trading, but on the condition that the additional area at 15356 is broken and stabilized above by this level, it will facilitate the task for the price to reach 15423. It extends to 15538 .
Therefore the uptrend scenario will be remain valid during coning period once breach 15538 ,However, if the price failure in penetrating the stable resistance at 15538 and holding above it, this will confirm its readiness to resume the negative correction. .
The expect range trading for today it will be between resistance line 15423 and support line 15182.
Additionally Today ,New York sessions will affect on the Indices .
support line : 15267 , 15182
resistance line : 15356 , 15423
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
Yesterday, the index price rose in a new upward , achieving to the 15356 , which in turn currently constitutes an extension of new resistance. Therefore, we expect the price to continue in positive trading, but on the condition that the additional area at 15356 is broken and stabilized above by this level, it will facilitate the task for the price to reach 15423. It extends to 15538 .
Therefore the uptrend scenario will be remain valid during coning period once breach 15538 ,However, if the price failure in penetrating the stable resistance at 15538 and holding above it, this will confirm its readiness to resume the negative correction. .
The expect range trading for today it will be between resistance line 15423 and support line 15182.
Additionally Today ,New York sessions will affect on the Indices .
support line : 15267 , 15182
resistance line : 15356 , 15423
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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