US 100 Cash CFD

NASDAQ Bulls Pushing โ€“ Will 20,347 Hold or Break?

165
Price is currently approaching the 20,347 ๐Ÿ”ผ resistance zone after a strong bullish rally from the 19,150 ๐Ÿ”ฝ support level. The market structure remains bullish with consistent higher highs and higher lows, showing strong buyer momentum.


Support at: 19,670 ๐Ÿ”ฝ, 19,150 ๐Ÿ”ฝ, 18,500 ๐Ÿ”ฝ, 17,600 ๐Ÿ”ฝ
Resistance at: 20,347 ๐Ÿ”ผ, 20,600 ๐Ÿ”ผ, 21,000 ๐Ÿ”ผ

Bias:
๐Ÿ”ผ Bullish: If price breaks and holds above 20,347 ๐Ÿ”ผ, we could see a continuation toward 20,600 and 21,000.

๐Ÿ”ฝ Bearish: A strong rejection from 20,347 ๐Ÿ”ผ could send price back down toward 19,670 and 19,150 for a retest.

๐Ÿ“› Disclaimer: This is not financial advice. Trade at your own risk.

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