The NAS100 (US100) is in full breakout mode on the daily, surging past previous highs near 22,140 with strong momentum. Price is now trading at ~22,550, decisively above prior resistance, which could now act as support if we retest.
🔎 Multi-Timeframe Breakdown:
✅ Daily Chart:
• Massive bullish structure intact.
• Clean breakout above horizontal resistance at 22,140.
• Price riding an aggressive ascending trendline — watching for sustained closes above breakout level.
✅ 4H Chart:
• Higher lows and bullish impulsive candles confirm buyers in control.
• Multiple support zones below (22,300, 22,100) for potential retests.
• Key short-term resistance formed near 22,650 — a rejection here could trigger correction.
✅ 1H & 23m Charts:
• Micro pullback seen after tagging fresh highs; price still holding above short-term trendlines.
• Consolidation zone between 22,500–22,600 could be decisive for next move.
⸻
📌 Key Zones to Watch:
• Support: 22,300 / 22,140
• Resistance: 22,650 / 22,800
• A breakout retest could confirm continuation; otherwise, failure to hold support might signal a fakeout.
⸻
📈 Bias: Bullish (Long)
While momentum remains strong, be prepared for potential sharp corrections given overextension.
⸻
What do you think? Drop your thoughts below! 🚀👇
🔎 Multi-Timeframe Breakdown:
✅ Daily Chart:
• Massive bullish structure intact.
• Clean breakout above horizontal resistance at 22,140.
• Price riding an aggressive ascending trendline — watching for sustained closes above breakout level.
✅ 4H Chart:
• Higher lows and bullish impulsive candles confirm buyers in control.
• Multiple support zones below (22,300, 22,100) for potential retests.
• Key short-term resistance formed near 22,650 — a rejection here could trigger correction.
✅ 1H & 23m Charts:
• Micro pullback seen after tagging fresh highs; price still holding above short-term trendlines.
• Consolidation zone between 22,500–22,600 could be decisive for next move.
⸻
📌 Key Zones to Watch:
• Support: 22,300 / 22,140
• Resistance: 22,650 / 22,800
• A breakout retest could confirm continuation; otherwise, failure to hold support might signal a fakeout.
⸻
📈 Bias: Bullish (Long)
While momentum remains strong, be prepared for potential sharp corrections given overextension.
⸻
What do you think? Drop your thoughts below! 🚀👇
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.