USNAS100 4H : OUTLOOK

USNAS100

New forecast

The index price is still trading between the support line at the level of 15765 and the resistance line at the level of 16112 until this moment, so we are forced to remain neutral and hold below it or above one of the two barriers in order to see our goals more clearly.

Therefore we forced to wait until stability , so stabilized under 15765 level will force the price to drop and targeting 15538 level , on the other hand stability above 16112 level will help the price to return to the main bullish trend and targeting 16436 areas.

The expect range trading for today it will be between the resistance line 16112 and support line 15765 until stabilized .

Additionally Today ,New York sessions will affect on the Indices .

support line : 15765 , 15538
resistance line : 16112 , 16436

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Technical IndicatorsSupport and ResistanceTrend Analysisusnas100usnas100nasdaqusnasdaq

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