SroshMayi

USNAS100 (Falling Pressure...)

Short
OANDA:NAS100USD   US Nas 100
Technical Analysis

The price dropped by approximately 1.30%, as mentioned in the previous analysis.

Currently, the price will trade between 18,435 and 18,550 until a breakout occurs.

  • Bearish Scenario: Stability below 18,435 will likely lead to a drop towards 18,250.
  • Bullish Scenario: The price must break above 18,550 and stabilize to reach 18,650 and 18,735.

    The Nasdaq continues to experience bearish pressure.


  • Pivot Line: 18500
  • Resistance Levels: 18650, 18735, 18820
  • Support Levels: 18340, 18250, 18110

    Today's range is expected to be between the support at 18230 and the resistance at 18650.

    previous idea:

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