Nasdaq Eyes New Highs Amid Bullish Momentum

11 Haz

Technical Analysis: USNAS100

The price has reached the resistance line at 19,100, indicating a sustained bullish trend. If the price stabilizes above 19,100, it is expected to continue its bullish movement towards 19,440. However, a retest down to 18,940 is likely before the bullish trend resumes. A break below 18,930 on a 4-hour candle close would signal a bearish shift towards 18,820, leading to consolidation between 19,100 and 18,940.

• Bullish Scenario:
  For the bullish trend to persist, the price needs to break above 19,100, with potential targets at 19,250 and 19,450. As long as the price trades above 18,930, the bullish trend remains intact.
  
  
• Bearish Scenario:
  Stabilization below 18,930 would indicate a move towards 18,820. A further break below 18,820, confirmed by a 1-hour candle close, would signal a downtrend towards 18,600.
  
  
• Key Levels:
  - Pivot Line: 19,100
  - Resistance Levels: 19200, 19300, 19450
  - Support Levels: 18940, 18820, 18710
  
  
• Today's Expected Range:
  The price is expected to move between the support at 18,820 and the resistance at 19,450.
  
  

12 Haz

Not

The price reached our target as we mentioned pushed up and still running to get 19445

12 Haz

Not

The price hit our target precisely, achieving a remarkable gain of 450 pips as forecasted. The CPI result came in at 3.3%, which positively impacted the indices. The momentum continues as we aim for 19,570.

16 Haz

Not

the price will touch 19760 as well