NAS100 Bullish Momentum: Riding the Trend Higher

NAS100: Trend is Our Friend

NAS100 is clearly bullish, no doubt about it. Up 0.65% today, currently at 21640.81. This strong momentum tells the story. The trend is your friend, and right now, that friend is heading north. We're seeing solid support around 21600 and 21550, holding strong despite the intraday swings. Looking for a pullback to get in on the action.

Intraday Long Setup

My play here is a long on NAS100. Eyeing an entry around 21590, just above that 21550 support zone. This allows for a clean bounce if the bullish pressure continues. Stop loss set tight at 21337. Target is aggressive, pushing for 22224 – hitting past the 21852.02 resistance, banking on continued tech sector strength and positive sentiment. Watching closely.
Market can always surprise, but the setup looks good for an intraday push. Let's see if we hit that entry.