USNAS100 index Weekly Outlook

NAS100USD

Weekly Update

The bullish trend is currently very strong on the NASDAQ INDEX. As long as the price remains above the support at 15800,
The first bullish objective is located at 16000, The bullish momentum would be boosted by a break in this resistance.
Buyers would then use the next resistance located at 16400 as an objective.
Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term.

stabilizing under 15790 by closing the daily candle will support the bearish trend to get 15530 and 15270

pivot line: 15800
Support price: 15530 & 15275 & 14870
Resistance Price: 16010 & 16410 & 16660

Its range for Today will be between 15530 and 16660

last weekly idea:

Kommentar:

reached the first target and stabilizing above 16000 will support a bullish trend to get 16400