USNAS100 /Market Awaits Inflation Data and Bank Earnings

Futures Steady Amid Caution Ahead of Bank Earnings and Key Inflation Data
USNAS100 Technical Analysis

The USNAS100 is expected to experience heightened volatility as traders anticipate the upcoming bank earnings reports and the release of key inflation data. The CPI is forecasted at 2.9%, up from the previous 2.7%.

• If the CPI exceeds 2.9%, bearish pressure is likely, with the index potentially dropping to 20670 and 20550.
  
• Conversely, if the CPI is below 2.7% or 2.8%, bullish momentum could push the price up to 21215.
  
  Key Levels:
  Pivot Point: 20860
  Resistance Levels: 20990, 20150, 20220
  Support Levels: 20780, 20670, 20550
  
  Trend Outlook
  Bearish while trading below 20990.