USNAS100 | Bullish Setup Ahead of Tech Earnings & Trade Risk
U.S. equity markets are entering a pivotal week with big-tech earnings and renewed focus on Trump’s proposed trade tariffs. Both the S&P 500 and Nasdaq are hovering near record highs, but new catalysts are required for continuation.
Technical Outlook:
The price has stabilized above 23140, breaking the pivot and confirming bullish momentum. As long as the price holds above this level, the trend remains bullish, especially if it breaks the green triangle resistance structure.
A sustained move above 23140 opens the path toward 23250 and 23350, with further extension possible to 23510.
However, a 4H close below 23140 may activate a bearish correction toward 23045, and possibly deeper toward 22920 and 22820.
Resistance Levels: 23250 · 23350 · 23510
Support Levels: 23045 · 22920 · 22820
Bias: Bullish above 23140
U.S. equity markets are entering a pivotal week with big-tech earnings and renewed focus on Trump’s proposed trade tariffs. Both the S&P 500 and Nasdaq are hovering near record highs, but new catalysts are required for continuation.
Technical Outlook:
The price has stabilized above 23140, breaking the pivot and confirming bullish momentum. As long as the price holds above this level, the trend remains bullish, especially if it breaks the green triangle resistance structure.
A sustained move above 23140 opens the path toward 23250 and 23350, with further extension possible to 23510.
However, a 4H close below 23140 may activate a bearish correction toward 23045, and possibly deeper toward 22920 and 22820.
Resistance Levels: 23250 · 23350 · 23510
Support Levels: 23045 · 22920 · 22820
Bias: Bullish above 23140
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.