US Nas 100
Short
Updated

USNAS100 Update: Bearish Trend Continues Below 18,600

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USNAS100 – Overview

The price dropped just like we expected yesterday. Today, it's still showing bearish pressure, even after a small bounce up to 18,460.

As long as it stays below 18,600 and 18,480, the price could fall to 18,200 and 17,940.
For the trend to turn bullish, the price needs to break 18,845.

Key Levels:
Pivot Line: 18,460
Support: 18,200 – 17,940 – 17,720
Resistance: 18,845 – 19,250 – 19,480

Previous idea:
NAS100 Escalating Trade War Sets the Stage for Market Volatility
Trade active
USNAS100 Market Analysis Update – April 21

Fundamental Overview:
The market is experiencing high volatility due to multiple factors:

- Ongoing tariff pressures, with any comment from Trump likely to impact the index.
- The Russia-Ukraine situation continues to play a role — any positive developments could support a bullish move.
- Trump has also criticized the Federal Reserve’s current policies and is reportedly considering replacing Chair Jerome Powell.

Technical Outlook:
Price is currently approaching 17935. A 15-minute candle close below this level may trigger further downside toward 17715.
If the market breaks the support zone between 17935 – 17715, this could open a bearish path toward 17280 and 16950.
However, as long as the price remains above the pivot zone, the bullish scenario remains valid, with potential targets at 18285 and 18600.

🔻 Support Levels: 17935 / 17715 / 17280
🔺 Resistance Levels: 18285 / 18430 / 18600

snapshot

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