NAS100 Long: Trend is Friend, Simple is Best

The Setup

NAS100 is clearly bullish, up 0.69% today and sitting at 21648.15. The trend is your friend, and we're riding this. Looking for a scalp long, targeting an entry around 21595. That's a textbook entry just above the 21550 support, showing a solid retest before the next leg up.

The Play

My view is we push higher. Entry at 21595, Stop Loss locked in at 21328. This keeps us safe below the 21425.93 day low. Take Profit is aggressive at 22262, but the underlying tech strength and positive market sentiment suggest the momentum is there. Let it play out.

Risk Management

Always manage your risk. While I'm confident in the long bias, the market can always surprise. Keep an eye on that 21700 resistance level. If we clear that, the path to 21870.36 and beyond looks good. Simple is best for these moves.