USNAS100 - CORRECTION Ahead...

10 de dez.

Stock futures hovered near the flatline on Tuesday after the S&P 500 and Nasdaq Composite pulled back from record highs.

Summary: The price is expected to rise towards the last resistance at 21625, after which it may fall, breaking below 21415 and potentially reaching 21215.

Generally, the direction is uptrend

Uptrend Side: As long as the price remains above 21215 and 21415, it is expected to rise further, potentially reaching the last resistance at 21625. A break above this level could lead to a new high at 21800.

Downtrend Side: Currently, the downtrend is not easily established in this zone. We may experience a correction towards 21215 for today.

Tendency Keys: 21215

10 de dez.

Trade ativo

As we mentioned, the price fell. If it succeeds in breaking below 21415, the bearish trend toward 21215 will be activated. However, trading above 21415 will likely keep the price range bound between this level and 21625.

11 de dez.

Trade fechado: objetivo atingido

Stock futures are near flat Wednesday morning as investors gear up for incoming inflation data. Based on my analysis, the price has dropped and reached the 21415 level. For today, we will maintain our current scenario. Technically, the 4-hour candle closed below 21415, which makes the bearish move toward the next support level at 21217 more likely. A break below 21217 would signal a significant further decline.

Be advised that a breakout above 21415 will invalidate the current scenario and signal the beginning of a bullish phase, as it would indicate a shift in market sentiment and a potential reversal of the bearish trend. This breakout could attract buying momentum, pushing prices higher toward the next resistance level of 21625.

Bearish target: 21215, 20900
Bullish target: 21625, 21800