USNAS100 | OVERVIEW
The index came close to registering a new ATH at 23,295 before pulling back slightly.
Today, it appears to be in a bearish correction phase toward 23,200 and 23,150, as long as the price trades below 23,270.
Market sentiment may remain cautious, especially with no major earnings reports scheduled before the open, although Intel’s report after the close could have a notable impact.
A 1H close above 23,290 would invalidate the correction and open the way toward 23,350 and 23,500.
Key Levels:
Support: 23,200 · 23,150 · 23,050
Resistance: 23,350 · 23,520
The index came close to registering a new ATH at 23,295 before pulling back slightly.
Today, it appears to be in a bearish correction phase toward 23,200 and 23,150, as long as the price trades below 23,270.
Market sentiment may remain cautious, especially with no major earnings reports scheduled before the open, although Intel’s report after the close could have a notable impact.
A 1H close above 23,290 would invalidate the correction and open the way toward 23,350 and 23,500.
Key Levels:
Support: 23,200 · 23,150 · 23,050
Resistance: 23,350 · 23,520
Note
still the same scenario...
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.