USNAS100 - Key Levels, Retest Potential, and Sensitive Movement

Nasdaq Technical Analysis

The price has advanced by approximately 300 pips, as previously noted. It remains on track to reach 19535, after which a significant retest down to 19290 and potentially 19160 is possible before resuming the upward move. Sustained stability above 19535 would further support a rally toward 19680 and 19970.

Key Levels:

Pivot Point: 19535

Resistance Levels: 19680, 19810, 19970
Support Levels: 19290, 19160, 18920

Expected Trading Range Today: 19160 to 19625

Trend: The market is highly sensitive; an uptrend is expected above 19535, while a downtrend may develop if the price remains below this level.

previous idea:
Nasdaq Awaits CPI Report with Potential for Volatility &Breakout
Supply and DemandSupport and ResistanceTrend Analysis

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