USNAS100 / Bullish Momentum Amid Earnings Season

15 juil. 2024

Technical Analysis: Bullish Momentum Amid Earnings Season

• Next Outlook:
  The Nasdaq maintains a bullish trend as long as it trades above 20085. Stability below 20385 may trigger a retest down to 20085, whereas stability above 20385 indicates a potential push up to 20725.
  
  
• Bullish Scenario:
  As long as the price trades above 20385, targets are set at 20540 and 20725.
  
  
• Bearish Scenario:
  The price needs to stabilize below 20385 and close a 1-hour or 4-hour candle under this level to target 20085. A break below 20085 would open the path to a bearish zone, aiming for 19845 and 19625.
  
  
• Key Levels:
  - Pivot Line: 20385
  - Resistance Levels: 20540, 20725, 20900
  - Support Levels: 20085, 19845, 19625
  
  
• Today's Expected Range:
  The price is anticipated to fluctuate between the support at 20085 and the resistance at 20725.

15 juil. 2024

Note

the price reached our first target which is 20540


Nasdaq 100 (USNAS100):
Range: 20385 to 20545 until a breakout.
- Stability above 20545 will target 20725.
- Stability below 20385 will reach 20090.