USNAS100 - SELL Pressure

Oct 2

Still, the market is completely controlled by geopolitical tensions.

depending on our analysis, the price fell and hit our target.

Generally, the direction is a downtrend

Uptrend Side: The price must rise above 19,820, and particularly surpass 19,990, to confirm the activation of the bullish trend.

Downtrend Side: The bearish trend remains strong, pushing towards the 19,640 support level. A 4-hour candle break below this level could lead to a further decline, potentially reaching 19,420.

Tendency Keys: 19820

Oct 3

Trade active

As we mentioned, the price will be active in a bearish trend as long as it trades below the resistance of 19820.

For today, the price should break the support of 19640 to continue to fall.

correction: may this new 4H candle rise toward around 19820 as a correction.

Oct 4

Trade active

"The price is consolidating within the range of 19,885 and 19,640. Today, we have significant economic data releases, including Average hourly Earnings, Nonfarm Payrolls, and the Unemployment Rate. These reports are expected to have a substantial impact on the direction of the Nasdaq index."

"The expected scenario is that the price will continue to rise, potentially reaching the resistance level of 19,885 or even exceeding it at 19,990, before initiating a strong decline."