USNAS100 / Downside Momentum Amid Jobs ReportsTechnical Analysis
The price reversed from its ATH, which is 21530, and now has a bearish momentum due to the high pressure from NFP and Unemployment rata reports,
So as long as trades below 21465 and 21530, there will be a bearish trend to touch 21290 and 21220.
To be bullish till 21670, should close at least 1h candle above 21530
Key Levels:
Pivot Point: 21465
Resistance Levels: 21540, 21670, 21800
Support Levels: 21290, 21150, 20990
Trend Outlook:
Bearish Momentum within News effect