US Nas 100

USNAS100 - Key Levels, Retest Potential, and Sensitive Movement

350
Nasdaq Technical Analysis

The price has advanced by approximately 300 pips, as previously noted. It remains on track to reach 19535, after which a significant retest down to 19290 and potentially 19160 is possible before resuming the upward move. Sustained stability above 19535 would further support a rally toward 19680 and 19970.

Key Levels:

Pivot Point: 19535

Resistance Levels: 19680, 19810, 19970
Support Levels: 19290, 19160, 18920

Expected Trading Range Today: 19160 to 19625

Trend: The market is highly sensitive; an uptrend is expected above 19535, while a downtrend may develop if the price remains below this level.

previous idea:
Nasdaq Awaits CPI Report with Potential for Volatility &Breakout

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