NAS100: Bullish Momentum Holding – Looking Long for Intraday Gains

The Trend Is Your Friend

NAS100 is showing solid bullish momentum, currently sitting at 21615.39 and up 0.54% on the day. We've seen a strong push, confirming the overall bullish trend. Key support at 21550 held firm on recent pullbacks, indicating buyers are stepping in aggressively. Simple is best – follow the money.

Intraday Long Setup

I'm looking at a long setup here for an intraday play. My entry is set at 21574, targeting 22093. This is a textbook entry if we get a retest of that level. Stop Loss is tight at 21366, just below the day's low of 21442.31, giving it room but managing risk. With tech stocks still broadly favoured, the market bias supports this move. Let it play out.

Key Levels to Watch

Resistance overhead at 21650 and 21700 are the