US Nas 100
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USNAS100 Extends Gains on AI Strength & Fed Cut Hopes?

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USNAS100 – Overview

Wall Street futures rose on Monday, extending last week’s rally as AI-related optimism and softer labor market data boosted expectations for a Fed rate cut later this year. The upbeat sentiment continues to support risk assets, though volatility remains sensitive to policy headlines.

Technical Outlook

The index has stabilized in a bullish zone, maintaining upward pressure above 24,900, with potential to extend toward 25,175, especially if it breaks 25,040.

To confirm a bearish reversal, the price must close a 4H candle below 24,810, which would expose downside targets near 24,580.

Pivot: 25,040
Resistance: 25,175 – 25,390
Support: 24,810 – 24,590 – 24,450
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USNAS100 – Overview

USNAS100 continues to hold a bullish bias, approaching its all-time high (ATH).
Traders are watching for a breakout confirmation to determine whether the rally will extend or enter a short-term correction phase.

Technical Outlook

The index is expected to test the ATH zone, and a 1H close above it would confirm bullish continuation toward 25,170 → 25,400.

Conversely, a 1H close below 24,980 would shift momentum bearish, targeting 24,900 → 24,810.

Pivot: 25,060
Resistance: 25,170 – 25,300 – 25,400
Support: 24,900 – 24,810 – 24,580

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Penafian

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