US Tech 100 Index
Long

NAS100 Will Go Up From Support! Long!

185
snapshot
Take a look at our analysis for NAS100.

Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The market is approaching a significant support area 20,379.97.

The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 20,800.00 level.

P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.

Like and subscribe and comment my ideas if you enjoy them!
Note
Great beginning for a trade, let’s hope it goes further!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.