SignalProvider

NAS100 Will Go Up From Support! Long!

Long
PEPPERSTONE:NAS100   US 100 Cash CFD
Here is our detailed technical review for NAS100.

Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The market is trading around a solid horizontal structure 17460.9.

The above observations make me that the market will inevitably achieve 17677.3 level.

P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.

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Comment:
I thin that the price will hit the TP soon enough!

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