NAS100 continues its strong rebound after the sharp drop from the 21st. Price has now broken above the 25,350 level, showing sustained bullish momentum with higher highs and higher lows forming throughout the week.
If buyers maintain control, the next resistance sits around 25,500–25,550. A failure to hold above 25,300 could trigger a pullback toward 25,150 before any continuation.
Momentum favors the upside as long as structure remains above the recent breakout zone.
If buyers maintain control, the next resistance sits around 25,500–25,550. A failure to hold above 25,300 could trigger a pullback toward 25,150 before any continuation.
Momentum favors the upside as long as structure remains above the recent breakout zone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.