NAS100USD / UNDER FOMCE PRESSURE / 4HNAS100USD / 4H TIME FRMAE
HELLO TRADERS
Range , Between 20,209 and 20,356 , This range represents a resistance or supply zone , where selling pressure is likely strong. The market is “processing” this zone, meaning it is trading within these boundaries, with no clear breakout above or below yet.
The mention of “prices under bearish pressure” indicates that the market is leaning towards a decline rather than an increase. This means sellers are dominant, and there could be downward price movement unless key levels are broken.
The Federal Open Market Committee (FOMC) speech is mentioned as a key event that could influence the market. FOMC meetings and speeches are important as they provide insight into the Federal Reserve’s economic policy, which often impacts market sentiment and price action , Impact: FOMC announcements can shift the market either positively or negatively, making it a key factor to watch for traders.
Range: Between 19,578 and 19,370 , If the market fails to break out of the supply zone (20,209–20,356), it is expected to decline towards this demand zone. A demand zone indicates a level where buying pressure could increase, potentially causing a reversal or support for prices.
If the supply zone (20,209–20,356) is broken to the upside, the text suggests that prices could rise, with targets at , 20,607: Immediate potential upside target , ATH (All-Time High) 20,796: The highest price point in recent history, which would represent a significant bullish move.
Supply Zone :20,209 and 20,356.
Demand Zone : 19,578 and 19,370.
FVG : 19,223 and 18,911.