Evar_Mayi

USNAS100 looking for negative momentum

OANDA:NAS100USD   US Nas 100
Hello everyone,

USNAS100 6H NEW FORECAST


Yesterday, the index price lost its negative momentum, forcing it to form new mixed trades to settle near 16000. We would like to remind you that the bearish scenario will remain in place as long as the barrier at 16080 is stable. Let us wait for the price to accumulate the new negative momentum to facilitate the task of confirming a break of the 15835 level, and then let us wait for it to touch it. For the first main target at 15645.



As for the price rushing above the previously mentioned barrier and closing above it, this will eliminate the negative outlook and begin forming new ascending waves that will push it to reach 16285 and 16436, respectively.

The expected general trend for today: bearish with the stability of the barrier




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