US Nas 100
Short

USNAS100 12H / Markets Remain Volatile Awaiting Jobs Data

451
Nasdaq Technical Analysis

Markets Remain Volatile Awaiting Jobs Data


Next Outlook:
The price is expected to consolidate between 17,900 and 17,590 until a breakout occurs.

Bullish Scenario:
For a bullish trend to develop, the price needs to stabilize above 17,900 by closing a 4-hour candle above this level, which could support a rise towards 18,420.

Bearish Scenario:
Stability below 17,900 will support a decline towards 17,590. Further stability below 17,590 could drive the price downward to 17,050.

Key Levels:
- Pivot Line: 17900
- Resistance Levels: 18050, 18240, 18420
- Support Levels: 17730, 17590, 17300

Today's Expected Trading Range:
The price is anticipated to fluctuate between 17,980 and 17,580.

Tendency: Downward, as long as trading remains below 17,900.

Previous idea:
USNAS100 6H / Futures rally as Big Tech extends recovery

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