USNAS100 4H : Try to rise up again
USNAS100
New forecast
The price perfectly fulfills my last idea
Yesterday, the index price formed some mixed sideways trading, falling towards 15030 and then rebounding directly towards 15182, thus postponing the previously expected main bullish rally.
As for the general stability above the support area and the formation of the moving average axis 50 for additional support by positioning it near 14986, this calls us to wait for it to gather positive momentum again so that this contributes to the formation of strong positive waves through which it will put pressure on the barrier extending towards 15182, and by surpassing it, it will succeed in recording new gains that may start from 15267 all the way. About 15,356 in medium-term trading ,taking into account that breaching the support line 14986 will pot the price under sell pressure to reach the main support zone
The expect range trading for today it will be between the resistance line 15267 and support line 14986 until stabilized .
Additionally ,Today New York sessions will affect on the Indices .
support line : 14986 , 14910
resistance line : 15182 , 15276
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
The price perfectly fulfills my last idea
Yesterday, the index price formed some mixed sideways trading, falling towards 15030 and then rebounding directly towards 15182, thus postponing the previously expected main bullish rally.
As for the general stability above the support area and the formation of the moving average axis 50 for additional support by positioning it near 14986, this calls us to wait for it to gather positive momentum again so that this contributes to the formation of strong positive waves through which it will put pressure on the barrier extending towards 15182, and by surpassing it, it will succeed in recording new gains that may start from 15267 all the way. About 15,356 in medium-term trading ,taking into account that breaching the support line 14986 will pot the price under sell pressure to reach the main support zone
The expect range trading for today it will be between the resistance line 15267 and support line 14986 until stabilized .
Additionally ,Today New York sessions will affect on the Indices .
support line : 14986 , 14910
resistance line : 15182 , 15276
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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