Nasdaq-100 Index (US100) 2 Scenarios Explained
Us100 index is approaching a peculiar horizontal support.
Depending on the reaction of the price to that structure, I see 2 potential scenarios.
Bearish
If the price breaks and closes below 11480 - 11550 horizontal support on a daily,
I will expect a bearish continuation at least to 11200 level.
Bullish
The price may also respect the underlined green structure.
If the price breaks a falling parallel channel to the upside on a 4H,
I will expect a pullback to 11650.
Wait for a breakout, that will indicate you the future direction of the market.
What do you expect?
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.