USNAS100 (LIKELY STARTING A BEARISH TREND)with retest possibilty

25 giu

Technical Analysis: Price Reversal in Focus
After reaching an all-time high, the price has now reversed, setting its sights on the 19100 level this week.

• Today's Outlook:
  The bearish trend is expected to continue as long as the price remains below the pivot zone which is 19625 and 19800, potentially targeting 19250 and 19100.
  
  
• Bullish Scenario:
  For a bullish reversal, the price needs to rise above 19800, aiming for targets of 19960 and 20100.
  
  
• Bearish Scenario:
  As long as the price trades below 19625, the bearish trend is likely to persist, with targets at 19520 and 19250, supported by strong bearish volume.
  
  
• Key Levels:- Pivot Line: 19625
  - Resistance Levels: 19800, 19960, 20100
  - Support Levels: 19525, 19250, 19110
• Today's Expected Range:
  The price is anticipated to fluctuate between the support at 19250 and the resistance at 19800, with a downward trend expected for today.