NAS100 Bullish Momentum Continues: Targeting Fresh Intraday Highs
NAS100LongIntraday2h ago1 views
Trade Setup
Entry Price
21555.00
Stop Loss
21301.00
Take Profit
22064.00
Risk : Reward
1 : 2.00
RiskReward
Current Market Posture & Trend Confirmation
Alright team, Ava here from Melbourne, looking at NAS100 this morning. The overall trend, as we've seen, remains decidedly bullish. "The trend is your friend," and right now, the Nasdaq 100 is certainly confirming that adage. We're currently sitting at 21605.98, up a healthy 105.98 points (0.49%) over the last 24 hours. Looking at the daily range between 21447.01 and 21764.94, we're holding firm in the upper half, which indicates strong underlying buying pressure. For me, this reinforces the idea of looking for long opportunities on pullbacks within this established upward trajectory.
Intraday Long Setup: Levels & Confluence
My focus for an intraday trade is a long position on the NAS100. I'm looking for an entry around the 21555 mark. This level holds significant technical interest for me, aligning closely with the intraday support at 21550. We also have robust support areas at **21
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