USNAS100 4H : Support further decline

USNAS100

New forecast

There is nothing new in the index price with its repeated fluctuation near 14823, affected by the conflict of positivity of the main indicators in the face of repeated negative stability below the additional barrier stable at 15180.

Therefore we expect the price will be continue at the bearish trend supported by resistance zone but to confirm the bearish trend should stable under 14752 and then it will support the price to reach 14663 and 14582 .Taking into account breaching the 14915 will end the negative attempts and will start the positive attacks .

The expect range trading for today it will be between resistance line 14823 and support line 14752 until stabilized .

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

support line : 14582 , 14520
resistance line : 14823 , 14915

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Technical IndicatorsSupport and ResistanceTrend Analysisusnas100usnasdaq

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