NAS100 Bullish Momentum: Targeting New Highs as Trend Remains Strong

Current Market Scan & Trend Confirmation

Alright team, let's take a close look at the NAS100 today. The overall trend remains decidedly bullish, which, as you know, is the foundation of my strategy – "the trend is your friend." We're currently seeing the index trading around 21580.97, up a healthy 0.38% over the last 24 hours. The daily range has been between 21459.51 and 21702.43, indicating some strong underlying buying pressure despite minor pullbacks. The data is compelling, showing consistent strength in the tech sector, which acts as a key fundamental driver for the NAS100. This sustained positive sentiment in technology earnings outlooks continues to fuel upward movement.

Intraday Long Setup: Levels & Rationale

For an intraday play, I'm looking to go long on the NAS100. My entry point is set at 21542. This level is strategically chosen as it's just above the immediate support at 21500