Description
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OANDA:NAS100USD
NAS100USD 2021 Jan11 Week
Per update on 2020 Jan 06, demand at 12612 had proven to be re-accumulation,
prices rallied to 13144 well beyond target1 of 12957!
There are 2 reasons I'd be cautious
1) shortening of thrust, the last up bar has shortened
2) declining volume on ascending prices
Besides the support to watch, I'll keep an eye on 10365 & 13000 round number.
Resistant3 = 13288
Resistant2 = 13239
Resistant1 = 13150 - 13174
Immediate support = 13065 - 13080
Support1 = 12940 - 12968
Support2 = 12863
Support3 = 12756