SroshMayi

USNAS100 (Mideast tensions subside)

Long
SroshMayi Updated   
OANDA:NAS100USD   US Nas 100
Nvidia NVDA inched up 0.7%, rebounding from a 10% drop in the last session.

Mideast tensions subside

The risk-on mode was also supported by signs of easing tensions in the Middle East,

As long as the price remains above 17,150, it indicates bullish momentum, potentially reaching 17,400 and 17,500.

Breaking past 17,500 is necessary to continue to the next bullish target of 17,650.

However, if the price falls below 17,150, it could revisit 16,990, and breaking below 16,890 could initiate a bearish trend down to 16,560.

pivot line: 17200
Resistance Price: 17400, 17500, 17660
Support price: 17040, 16890, 16560

Its range for Today will be between Support 17040 and Resistance 17500

Comment:

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