NAS100 Update - Potential TargetsHow I see it:
## NFP today, trade safe !
Key resistance @ 20634.00 area
Key support @ 19961.00 area
Severe divergence on 4HR TF
(However, NASDAQ is still very overbought in the much bigger picture)
Potential "LONG" - If Price can find very strong support/demand
TP 1 = 20550.00
Keynote:
Nasdaq is showing strong bearish behavior...
Should the week close a 1W body below 20000.00, bearish behavior could continue
But it can also be accumulation at a very key psychological confluence of support
around 20000.00
Bulls are defending this territory fiercely.
Thank you for taking the time to study my analysis.