NAS100: Riding the Bullish Wave Higher. Levels are Clear.

Market Insight

The NAS100 continues its bullish run, a clear signal that the trend is your friend. We're seeing strong momentum, with the index currently at 21597.62, up 0.45% in 24h. This reflects solid underlying strength in the tech sector, keeping sentiment positive. Any dips are being bought up quickly.

My Scalp Setup

I'm taking this trade long. My entry is at 21562, just above the 21550 support level that has held firm. This looks like a clean setup for a scalp. My Stop Loss is aggressive at 21386 to protect capital, while my Take Profit target is set at 22001. We need to clear resistance at 21700 and 21744.06 first, but the path looks open. Always manage your risk.