The NAS100 showed mild volatility last week, pulling back midweek to retest support near 19,500 before bouncing back. Buyers held key levels, and the index closed slightly higher, keeping the short-term bullish trend intact despite some loss in momentum.
Today, due to the breakaway gap, the daily candle opened above 19,885, thereby confirming the bullish trend. While we anticipate a move toward the 20,300 level, the price may experience consolidation between this level and 20,545. currentlly A short-term correction could occur before the price resumes its upward movement to complete the bullish trend. Within this trend, our target is the resistance zone between 21,045 and 21,382.
Bullish target: 20300, 20545, 21045
Bearish target: 19885, 19500, 19740
Traders, if you find this analysis helpful or have your own insights, drop a comment below! I’d love to hear your thoughts.
Today, due to the breakaway gap, the daily candle opened above 19,885, thereby confirming the bullish trend. While we anticipate a move toward the 20,300 level, the price may experience consolidation between this level and 20,545. currentlly A short-term correction could occur before the price resumes its upward movement to complete the bullish trend. Within this trend, our target is the resistance zone between 21,045 and 21,382.
Bullish target: 20300, 20545, 21045
Bearish target: 19885, 19500, 19740
Traders, if you find this analysis helpful or have your own insights, drop a comment below! I’d love to hear your thoughts.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.