USNAS100 4H : still under sell pressure

USNAS100

OUTLOOK

Although the index price recently formed a sideways fluctuation and stabilized below 14823, this will not affect the downward corrective path.

The above calls us to expect more negative attempts, which may push the price to break the 14682 level and then target new negative stations by gravitating towards 14582 and 14523, respectively but to confirm the bearish trend should stable under 14682.

The expect range trading for today it will be between resistance line 14770 and support line 14682 until stabilized .

Additionally ,Today New York sessions will affect on the Indices .

support line : 14682 , 14582
resistance line : 14770 ,14823

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Technical IndicatorsTrend Analysisusnas10usnas100usnas100nasdaqWave Analysis

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