USNAS100 | Tariff Headlines & Fed Risk Keep Bulls in ControlUSNAS100 | Policy Noise & Fed Risk Keep Bulls Active
U.S. markets remain reactive to political headlines after President Donald Trump announced a surprise tariff increase on South Korea to 25% from 15%, citing non-compliance with a trade deal agreed last July. The move impacts key sectors including autos, lumber, and pharmaceuticals.
Despite the headline risk, South Korean equities jumped nearly 2% to record highs, highlighting resilient risk appetite.
The global economic calendar remains relatively light until Wednesday’s Federal Reserve policy decision, where no rate change is expected. However, the meeting may be overshadowed by a DOJ investigation involving Chair Jerome Powell, potentially adding volatility during the press conference. Any signals regarding Powell’s future at the Fed could trigger sharp market reactions.
Technical Outlook
The price has stabilized above the 25860 pivot, keeping the bullish structure intact.
As long as price holds above 25860, upside momentum is expected toward 25985.
A confirmed 1H close above 25985 would strengthen bullish continuation toward the ATH at 26170, with extended upside risk toward 26500.
On the downside, a move below 25860 would shift momentum bearish, opening a corrective move toward 25600, followed by 25450 and 25250.
⚠️ Ongoing geopolitical tensions remain a direct volatility risk for the index.
Key Levels
• Pivot: 25860
• Support: 25600 – 25450 – 25250
• Resistance: 25985 – 26170 – 26500
