This 4-hour chart of the US100 (Nasdaq) shows a strong bullish trend supported by multiple breakouts (BO) and break of structure (BOS) signals over the past few weeks. After retesting and bouncing from key buyer activation zones, the price has consistently broken through previous resistance levels.
Most notably, the index has just broken above its previous all-time high around 23,976, signaling strong momentum and potential for further upside. The price is currently hovering near 24,089, with key short-term targets marked at:
Target : $24,284
Target : $24,396
Target : $24,511
These targets align with the upper boundary of a rising parallel channel, suggesting the bulls are in control for now.
The chart projects a continuation of this bullish move, with a stair-step rally expected if the current breakout holds. As long as the price stays above the breakout zone and respects the structure, the upside targets remain in play.
In short: US100 is showing solid bullish strength, breaking above its previous highs with clear upside potential.
Educational Idea.
Most notably, the index has just broken above its previous all-time high around 23,976, signaling strong momentum and potential for further upside. The price is currently hovering near 24,089, with key short-term targets marked at:
Target : $24,284
Target : $24,396
Target : $24,511
These targets align with the upper boundary of a rising parallel channel, suggesting the bulls are in control for now.
The chart projects a continuation of this bullish move, with a stair-step rally expected if the current breakout holds. As long as the price stays above the breakout zone and respects the structure, the upside targets remain in play.
In short: US100 is showing solid bullish strength, breaking above its previous highs with clear upside potential.
Educational Idea.
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t.me/+xQ3gKJ30gXAwZTA0
Daily High-Accuracy Signals
Disclaimer
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#Professional_Account_Manager
t.me/+xQ3gKJ30gXAwZTA0
Reliable Forex Signal Provider
Full-Time Trader | Market Analyst
Committed to consistent, profitable trading for our community.
t.me/+xQ3gKJ30gXAwZTA0
Daily High-Accuracy Signals
t.me/+xQ3gKJ30gXAwZTA0
Reliable Forex Signal Provider
Full-Time Trader | Market Analyst
Committed to consistent, profitable trading for our community.
t.me/+xQ3gKJ30gXAwZTA0
Daily High-Accuracy Signals
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.