The US NASDAQ 100 (USNAS100) is currently exhibiting range-bound price action, with consolidation likely to continue until a clear breakout occurs.
Technical View:
On Wednesday, the index edged slightly higher as investors weighed the measured comments from Federal Reserve Chair Jerome Powell and looked ahead to key U.S. economic data due later this week.
A confirmed breakout above the current consolidation zone could open the path for further upside, with potential resistance seen near the 24,900 level.
You may find more details in the chart.
Trade wisely best of Luck.
Ps; Support with like and comments for better analysis Thanks for Supporting.
Technical View:
On Wednesday, the index edged slightly higher as investors weighed the measured comments from Federal Reserve Chair Jerome Powell and looked ahead to key U.S. economic data due later this week.
A confirmed breakout above the current consolidation zone could open the path for further upside, with potential resistance seen near the 24,900 level.
You may find more details in the chart.
Trade wisely best of Luck.
Ps; Support with like and comments for better analysis Thanks for Supporting.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.