NAS100 - Potential Targets

1 Mac

How I see it:

Key resistance @ 21000.00

LONG, Requires a clear brake above key resistance -
TP 1 = 21322.00
TP 2 = 21870.00

and / or

SHORT, Requires a breach of key support @ 20407.00 area -
TP 1 = 19910.00

Thank you for taking the time to study my analysis.

3 Mac

Nota

Friday Night's Imbalance is filled...we'll have to see from here

4 Mac

Nota

I would like to see a 4 HR Candle body close below 20271.00 for next SHORT TP.

Yesterday did create a few small imbalances all the way up from the short threshold, just below 21000.00.

I'm just mentioning this, it does not have to fill it today or tomorrow.

I will not try to turn the market around in this bearish environment until a proper reversal signal(s) on at least a 1D TF is evident.
Rather sell the rallies!

Keynotes:
1) Price breached a 7 MONTH Daily bullish trend; it is very significant.
2) Also go check you 1W TF + RSI: NAS100 has been overbought since JUNE 2023
@ Around 15000.00 !!!!!

6 Mac

Nota

I don't know why my charts are not updating the candles, my apologies