USNAS100 - Tech Index Pulls Back After Testing 23,295USNAS100 | 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
