NAS100USD – OutlookWall Street futures slipped on Monday as investors turned cautious ahead of key U.S. economic data and remarks from Federal Reserve Chair Jerome Powell later in the day.
Market participants will closely analyze Powell’s comments for any hints regarding the Fed’s stance on potential rate cuts at this month’s policy meeting.
Technical Analysis
NASDAQ is trading inside a consolidation range between 25200 and 25290, showing a slightly bullish bias while holding above 25200.
A 1H close above 25290 will confirm bullish continuation toward 25430, and a breakout above 25560 opens the path for an extended rally toward 25980.
On the downside, a 1H close below 25200 will expose 25100, and a break below this level will trigger stronger bearish momentum toward 24810 → 24570.
Pivot Line: 25200
Support: 25100 · 24820 · 24570
Resistance: 25300 · 25420 · 25560
Note
Trade active
USNAS100 – Technical OverviewUSNAS100 is currently trading with bullish momentum, aiming toward 25570.
A 1H or 4H close above 25570 will confirm continuation of the bullish trend toward 25745 and 25980.
However, a 1H close below 25430 will trigger a corrective move toward 25220 before attempting to stabilize again.
Key Levels
Pivot Line: 25430
Resistance: 25570 · 25740 · 25980
Support: 25300 · 25210 · 25100
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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.