NAS100: Riding the Bullish Wave – Targeting Fresh Highs on a Swing Play

Current Market Posture & Trend Analysis

Alright team, let's talk NAS100. The market has been relentless, and as I always say, "The trend is your friend." We're seeing a clear bullish trend in play, with NAS100 currently sitting at 21616.82. The instrument has shown resilience, up 0.54% over the last 24 hours, adding 116.82 points. This positive momentum, coupled with strong underlying market sentiment in the tech sector, suggests further upside is very much on the cards. While we've seen a day range from 21441.59 to 21792.05, the overall bias remains firmly to the upside, signaling opportunities for trend followers.

Technical Confluence & Entry Logic

My analysis points to a solid swing long setup here. I'm looking to enter at 21561. Why this level? We've got significant support at 21550, and just below that, 21500 which has held firm previously. The previous day's low at **214