USNAS100 / Futures Hold Firm Ahead of Crucial Inflation Data

Futures Hold Steady Ahead of Key Inflation Report

The price has surged, successfully hitting our targets with a gain of approximately 400 points
Next Outlook:
The upcoming movement will be influenced by the CPI report, with two potential scenarios:

Bullish Scenario:
If the CPI is released below 3.00%, the bullish trend is likely to continue, aiming to break 19,200 and advance toward the next target of 19,530.

Bearish Scenario:
A CPI release above 3.00% could trigger a decline, with the price potentially falling toward 18,760 and 18,420.

Key Levels:
- Pivot Line: 19100
- Resistance Levels: 19200, 19320, 19535
- Support Levels: 18760, 18420, 18020

Today's Expected Trading Range:
The price is anticipated to fluctuate between 19,200 and 18,420.

previous idea:
Nasdaq Continues Uptrend After Retest, Consolidation Expected
CPIcpidataNASDAQ 100 CFDnasdaqSupply and DemandSupport and ResistanceTrend Analysis

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