USNAS100
OUTLOOK
The price perfectly fulfills my last idea and reached to our target .
The index price succumbed to the negativity of the movement due to its position near 14582, which constitutes an additional barrier to the recent trading and increases the chances of resuming the previously suggested negative attack.
The price currently trying to stabilize below the additional support centered at 14520 calls us to prefer more negative trading, which in turn may target the 14378 level, reaching the main ascending channel support extending towards approximately 14250 so to be continue in the bearish tendency the price should stable under 14520 and then will drop .
keeping in mind that breaching 14682 will force the price to do a retest .
The expect range trading for today it will be between resistance line 14682 and support line 14520 until stabilized .
Additionally ,Today New York sessions will affect on the Indices .
support line :14520 , 14378
resistance line :14582 , 14682
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OUTLOOK
The price perfectly fulfills my last idea and reached to our target .
The index price succumbed to the negativity of the movement due to its position near 14582, which constitutes an additional barrier to the recent trading and increases the chances of resuming the previously suggested negative attack.
The price currently trying to stabilize below the additional support centered at 14520 calls us to prefer more negative trading, which in turn may target the 14378 level, reaching the main ascending channel support extending towards approximately 14250 so to be continue in the bearish tendency the price should stable under 14520 and then will drop .
keeping in mind that breaching 14682 will force the price to do a retest .
The expect range trading for today it will be between resistance line 14682 and support line 14520 until stabilized .
Additionally ,Today New York sessions will affect on the Indices .
support line :14520 , 14378
resistance line :14582 , 14682
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
