NAS100: Riding the Bull - Intraday Long Setup

Market View

NAS100 is clearly bullish, currently at 21627.92 and up 0.59% today. The trend is my friend here. Tech sector strength continues to drive momentum, a key fundamental tailwind.

The Play

Looking for an intraday long. I'm taking this trade on a pullback entry at 21582. This gives a better risk/reward and respects the current bullish structure. Support at 21600 and 21550 should hold strong.

Levels & Risk

My Stop Loss is tight at 21352, just below yesterday's low and well clear of critical support at 21436.04. Target is 22158. Resistance at 21700 and 21750 are the first hurdles, but the higher daily range resistance at 21819.