USNAS100 (LONG-TERM RANGE)

NAS100USD daily forecast

As we previously indicated, the Nasdaq can succeed in stabilizing at the positive zone because it broke over the heavy barrier at 16500 and set a new all-time high.

Therefore, as long as trades are above 16500, the trend will continue; however, it appears to be correcting to 16500 before rising once more. If, however, it can maintain below 16500, it will decline to reach 16000 and 15770.

pivot point: 16890
Price of support: 16560, 16190, and 16000
Price of Resistance: 17055, 17190, and 17300

It will have a range of 16500 to 16900.

last idea:
NASDAQ INDEX (Remaining Uptrend)
Supply and DemandSupport and ResistanceTrend Lines

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