USNAS100 awaits positive momentum

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USNAS100 4H NEW FORECAST


The index price was affected by the dominance of the sideways slope temporarily, and we notice that it is currently fluctuating near the 18250 level as a result of the Stochastic indicator’s attempt to exit the overbought level, which may postpone the resumption of the bullish attack for the current period.

Holding above 18325 This may restore momentum to the upward trend, targeting 18452 as the next positive station.
Breaking the 18243 level: Nasdaq will enter into a downward correction whose target may reach 18117


Chart PatternsHarmonic PatternsnasdaqTrend Analysisusnas100usnas100nasdaq

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