US Nas 100
Long
Updated

USNAS100USD| Looks Like Bullish

280
The market has experienced significant volatility due to tariff issues and policy changes implemented by Trump. Currently, market movements are largely driven by sudden developments and unexpected decisions.

Therefore, the USNAS100 has stabilised above the support zone and is currently expected to decline temporarily, attempting to break this zone as part of a correction before rebounding upward. Successfully maintaining stability above this support zone would trigger further upward movement toward the levels of 20,300 and subsequently 21,382.

However, if the price remains below the level of 19,886, it is expected to trade within a range bounded by this resistance level and the support at 19,500.

Bullish target: 20300, 20543, 21045
Bearish target: 19886, 19500, 19232
Trade active
The price reversed and declined on Thursday as investors evaluated the latest tariff-related announcements from President Donald Trump, including newly imposed tariffs targeting foreign automakers. Consequently, if the price remains below 19,886, it is likely to move toward the 19,500 level. Should the 19,500 level provide support, it may trigger a renewed upward movement.

snapshot

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