NAS100: Bullish momentum continues. Riding the trend higher.

NAS100LongIntraday1w ago1 views

Trade Setup

Entry Price

21594.00

Stop Loss

21331.00

Take Profit

22252.00

Risk : Reward

1 : 2.50

RiskReward

Trend is Our Friend


NAS100 is showing strong bullish momentum, up 0.68% with the current price at 21646.13. The trend is clearly up, and we're looking to capitalize on that strength. My intraday setup is a long position. Simple is best: follow the flow.

The Setup


I'm looking for a retest around 21594 for a textbook entry. This is just below the 21600 support level, giving a solid bounce opportunity. My stop loss is set tight at 21331, protecting below the key 21426.94 support from the day range. We're aiming for 22252, pushing past current resistance at 21865.32. Tech continues to show strength, fueling this push.

Outlook


The market is clearly favoring growth, and I expect NAS100 to continue its climb. Let it play out.

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