NAS100: Bullish Trend Holds, Ready for the Next Leg Up

Market Outlook & Technicals

The NAS100 is clearly in a bullish trend – the data confirms it. Current price is 21590.71, holding strong above the 21550 support. "The trend is your friend," and we're seeing solid momentum here. Looking for a retest of that level before the next leg up towards the 21700 resistance.

My Play

I'm entering long at 21558. This offers a textbook entry off that minor support. My stop is tight at 21395, just below the major support at 21454.65. Taking profit at 21966. This is an aggressive scalp, but the setup is clean. "Simple is best."

Catalysts &