NAS100 [US100] Daily Outlook | July 15

2022年7月15日

Long Term Outlook:

Looking at NAS100 Daily TF, the instrument remains bearish until 12949.00 level is broken. I see a trend-line joining 13500, 12949 and 12175 indicating that price may yet see 11163 area with enough volume .


Short Term Outlook:

a. Market is ranging between 11843 and 11773 zones, 1HR break and closure above 11843 zone could drive price to test 11997 area with partials closure at 11930.66.

b. On the other hand, the break and closure of 1HR price bar below 11773 zone, we may yet see a dip down to 11538 with partials closure at 11625 zone.


Let me know what you think in the comment section.

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-Kings