NAS100 can continue higher inside the channel

8 oct.

Price has been moving steadily inside an ascending channel, with buyers maintaining control and pushing higher.

If buyers manage to defend this breakout zone on a retest, it would confirm their control and follow continuation toward the channel’s upper boundary. However, if sellers step in and force a drop back below, that could hint at a false breakout and short-term pullback.

For now, momentum favors the buyers, as long as price holds above the breakout area, the bullish structure remains intact.

9 oct.

Note

I changed my mind on this forecast. Order cancelled.