NAS100: Bullish Momentum Holding – Taking This Long Setup

Trend & Technicals

NAS100 remains clearly bullish, currently at 21637.54, up 0.64% for the day. The trend is your friend, and it's pointing up. We've seen solid support around the 21550-21600 area. Levels are clear; a retest of this zone presents a clean setup.

Trade Plan

I'm looking for a long scalp here. Entry at 21588, targeting 22207. My stop loss is set wider at 21340 to allow for volatility, acknowledging potential resistance at 21700 and 21750 before the day's high of 21843.84. Overall market sentiment is positive, supporting this move. Taking this trade.