NAS100 - Can 1D Trend Hold?

Wait 5 sec.

NAS100 - Can 1D Trend Hold?US Tech 100 IndexICMARKETS:USTECANROCDear Friends, How I see it: # Very strong 3 Day rejections at ATH = 22235.00 ## Strong RED daily close on Friday ### Impressive 1D trend since 7th August 2024, still holding! Potentially price can continue down looking for support - 1) 50% Fib retracement @ 21415.00 2) 1D Trend support @ 21200.00 3) Psychologic support @ 21000.00 4) Strong demand @ 20600.00 - 20470.00 Potential long - (I don't want to guess what it will do first) 1) Imbalance to fill up to 21870.00 Keynote: If this 1D trend is breached and the break is confirmed - Price can easily fall back down into the 17000 's region. Thank you for taking the time to study my analysis.