USTEC is currently trading at $24776 and is bullish per the Monthly, Weekly and Daily timeframe and has bullish confluences across the indicators on the Monthly and Weekly timeframes, closing the week with a bullish spinning top with currently trading at 70 on the Monthly and Weekly RSI. Structurally looking at the Daily timeframe, Market was choppy with a fair retracement, price still trading above the 21/50 SMA region and is bullish on the RSI above the $24000 pivot level. On the 4-hour timeframe, Market traded bullish during the past week within the 21/50 SMA region and shifted bullish on the RSI, very choppy per the 4-hour timeframe. Price is again trading above the 21 and 50 SMA and within the sweet spot region of the RSI. Market momentum is to be determined but per market structure, Nas100 is still bullish market directionality and thus hunting for long positions, marking out the $24500 support level which has been tested once but also could see a push from current level at the open of the market at $24776 as it is a potential break and retest level.
