NASDAQ 100 (US100) – Week 23 – Expecting a new ATH

U.S. stock futures edged higher Tuesday, with technology shares on course to lead gains at the opening bell, as Nasdaq-100 futures rose 0.6%, pointing to a third consecutive day of gains for large technology stocks.

Technical overview:
In the coming days, we expect the price to pullback from the resistance zone towards the support area that we highlighted on the chart, before resuming the bullish trend and make a new all-time high.
We recommend waiting for the pullback to finish before engaging in any buy setups.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.

Trade closed: target reached