USNAS100 Overview
Markets found some relief after the U.S. and China extended their tariff truce until November 10, avoiding the imposition of triple-digit duties on each other’s goods.
Today, attention is firmly on the U.S. CPI release, which is expected to drive market direction:
A reading above 2.8% would likely support a bearish move toward 23440 and 23295.
A reading below 2.8% could fuel bullish momentum toward a new ATH at 23870.
Technical Outlook:
As long as the price trades below 23690, downside targets remain 23440 and 23295.
A 1H close above 23695 would turn the bias bullish toward 23870.
Support: 23440, 23295, 23045
Resistance: 23700, 23870
Markets found some relief after the U.S. and China extended their tariff truce until November 10, avoiding the imposition of triple-digit duties on each other’s goods.
Today, attention is firmly on the U.S. CPI release, which is expected to drive market direction:
A reading above 2.8% would likely support a bearish move toward 23440 and 23295.
A reading below 2.8% could fuel bullish momentum toward a new ATH at 23870.
Technical Outlook:
As long as the price trades below 23690, downside targets remain 23440 and 23295.
A 1H close above 23695 would turn the bias bullish toward 23870.
Support: 23440, 23295, 23045
Resistance: 23700, 23870
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.