USNAS100 4H: above 14822 will rise up again
USNAS100
New forecast
Although the index price has recently been subjected to strong negative pressures and its infiltration towards the moving average 50, this will not affect the main upward path due to its general position within the axes of the ascending channel, the support of which currently stands at 14822.
Repeated stability above the previously mentioned support calls us to hold to the bullish bias and to stress the importance of the price accumulating positive momentum during the current period, to facilitate the task of jumping above 14986, and then let us wait for it to attack the barrier represented by the 15063 level, with the aim of finding an outlet to resume the upward attack in the trading of the coming period. kipping in mind that breaching the support 14822 and stabilized under it it will end the all upward attempts and will support the price to reach 14689
The expect range trading for today it will be between the resistance line 15063 and support line 14822 until stabilized .
Additionally ,Today New York sessions will affect on the Indices .
support line : 14910 , 14822
resistance line : 14986 , 15063
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
Although the index price has recently been subjected to strong negative pressures and its infiltration towards the moving average 50, this will not affect the main upward path due to its general position within the axes of the ascending channel, the support of which currently stands at 14822.
Repeated stability above the previously mentioned support calls us to hold to the bullish bias and to stress the importance of the price accumulating positive momentum during the current period, to facilitate the task of jumping above 14986, and then let us wait for it to attack the barrier represented by the 15063 level, with the aim of finding an outlet to resume the upward attack in the trading of the coming period. kipping in mind that breaching the support 14822 and stabilized under it it will end the all upward attempts and will support the price to reach 14689
The expect range trading for today it will be between the resistance line 15063 and support line 14822 until stabilized .
Additionally ,Today New York sessions will affect on the Indices .
support line : 14910 , 14822
resistance line : 14986 , 15063
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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