US100: Weekly Bullish, Short-Term Bearish—Two Key Scenarios

Wait 5 sec.

US100: Weekly Bullish, Short-Term Bearish—Two Key ScenariosUS 100CAPITALCOM:US100EliteMarketAnalysisThe US100 (Nasdaq) remains bullish on the higher (Weekly/Daily) timeframes, but short-term (4H/2H) indicators suggest a correction or pullback. This creates a split bias: either the market finds support and resumes the uptrend, or it breaks key levels and continues lower. •Support Zones: •21,580–21,400 (immediate short-term supports) •21,200–21,000 (major daily support, 100 SMA area) •Weekly Support extends down to ~19,500–21,000 on deeper pullbacks •Resistance Zones: •21,900–22,000 (key intraday resistance + pivot) •22,200–22,300 (recent peak & bearish order block) Scenarios •Scenario A (Bullish Continuation) •Look for price to hold 21,580–21,400 support and reclaim ~21,700–21,800 on higher timeframes. •Aggressive traders may front-run a bounce near 21,580 (tight stops below 21,530). •Conservative traders might wait for a Daily close above ~21,900 with momentum (RSI >50, bullish MACD). •Invalidation: A daily close below ~21,000 could trigger further downside. •Scenario B (Bearish Reversal / Deeper Correction) •If price fails at 21,700–21,900 or breaks below 21,580 decisively, watch for a move to 21,400 or even 21,000. •Aggressive shorts may enter on a retest of 21,700–21,800 (broken support → resistance) or a clean break below 21,580. •More conservative bears might wait for a Daily close under 21,000–21,200 and a confirmed downtrend on momentum indicators. •Invalidation: A strong 4H close back above 21,900–22,000 would weaken the bearish case. Risk Management / Disclaimer Use stops, manage position sizes, and monitor macro news. This post is for educational purposes only—not financial advice.