US100 / NASDAQ ANALİZPossible bullish scenario;
* If the price breaks through the upper band of the ascending channel (upper border of the yellow zone), the upward movement may intensify. Target zones 22,800 - 23,200 This is the price if the upper band of the channel acts as resistance.
Possible bearish scenario
* If the price breaks the blue trend lines, the first solid support for the bearish move is 20,715. If this level is breached, a fall to the lower band of the channel (around 20,000) may occur. A more violent sell-off could see a test of 19,800.
At the moment, the US100\/NASDAQ is in a decision phase, so the price is at a critical point. If the trend lines are not broken, the direction will not be clear.