US Nas 100
Long

USNAS100 Bullish Momentum Amid Lower Rate Expectations

USNAS100 Technical Analysis
The price has stabilized in the bullish zone, supported by bullish momentum amid Trump’s push for lower interest rates.

The Nasdaq is expected to maintain its upward trend as long as it trades above 21760, with stronger momentum above 21900, targeting 22100 and 22290.

However, there is a possibility of a retest at 21760. If the price stabilizes below 21900, it may temporarily lose momentum before pushing higher.

Key Levels
Pivot Point: 21900
Resistance Levels: 22100, 22290, 22410
Support Levels: 21760, 21635, 21540

Trend Outlook
Consolidation: Between 21760 and 21900
Bearish: Below 21760
Bullish: Above 21900

Previous idea:
USNAS100 Analysis: Bullish Outlook Amid Earnings Season

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