NAS100 - Can Demand Hold This Week?20 SMA - BLUE
200 SMA - PINK
Key Confluence Areas: Grey Lines
How I see it:
A correction is required before continuation is possible.
When "Risk-On" sentiment deteriorates: Profit taking, and-or Middle East Tensions etc. Correction might be deeper on larger TF.
In this case I would watch structure support closely between 19000 & 18400.
Thank you for your time reading, boosting and/ or following my analysis.
I deeply appreciate it.