NAS100 Bullish Momentum Continues: Targeting Fresh Intraday Highs

NAS100LongIntraday2h ago0 views

Trade Setup

Entry Price

21555.00

Stop Loss

21301.00

Take Profit

22064.00

Risk : Reward

1 : 2.00

RiskReward

Current Market Posture & Trend Confirmation


Alright team, Ava here from Melbourne, looking at NAS100 this morning. The overall trend, as we've seen, remains decidedly bullish. "The trend is your friend," and right now, the Nasdaq 100 is certainly confirming that adage. We're currently sitting at 21605.98, up a healthy 105.98 points (0.49%) over the last 24 hours. Looking at the daily range between 21447.01 and 21764.94, we're holding firm in the upper half, which indicates strong underlying buying pressure. For me, this reinforces the idea of looking for long opportunities on pullbacks within this established upward trajectory.

Intraday Long Setup: Levels & Confluence


My focus for an intraday trade is a long position on the NAS100. I'm looking for an entry around the 21555 mark. This level holds significant technical interest for me, aligning closely with the intraday support at 21550. We also have robust support areas at **21

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