USNAS100 4H : above 14582 will retest and then drop

USNAS100

New forecast

The price perfectly fulfills my last idea and price reached to our target.

The index price continued to downward corrective attempts , and continued to fluctuate sideways at the sensitive zone between 14520 - 14582 , as shown in the attached figure.

Therefore ,we expect to witness more downtrend bias during the coming sessions , but to confirm that should stable under 14520 and then will support the price to reach 14378 and 14250. taking into account that stabilized above 14582 will push the price to make a bullish corrective before achieving any new negative target .

The expect range trading for today it will be between the resistance line 14663 and support line 14520 until stabilized

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

support line : 14582 , 1452
resistance line : 14663 , 14752

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Technical IndicatorsSupport and ResistanceTrend Analysisusnas100usnas100nasdaq

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