US 100
Short

US100 Update

142
This is a 45-minute chart of the US 100 (NASDAQ Index) from CAPITAL.COM, and it presents a bullish continuation scenario.


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Key Highlights:

Current Price: 22,254.6

Change: +72.7 points (+0.33%)



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Chart Structure:

Support Zone (Lower Blue Box): ~21,950–22,050

Resistance Zone (Upper Blue Box): ~22,400–22,500

Dotted Path Projection: Suggests the following potential move:

1. Climb toward the upper resistance zone


2. Brief pullback


3. Continuation breakout above 22,500 to around 22,600





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Interpretation:

Current Trend: Bullish, with a strong series of higher lows and gradual build-up

Market Bias: Expecting continuation of the uptrend as long as price holds above 22,050

Potential Trade Idea:

Buy on Dip: Near 22,100–22,150 zone (if a pullback happens)

Target: 22,500–22,600

Stop-Loss: Below 22,000




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Summary:

Trend: Bullish

Setup Type: Breakout Continuation

Watch for: Consolidation near 22,400 before a push higher


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