Today's analysis of the US NAS100 indicates that the index is experiencing a period of correction within a broader downtrend. Here are some levels to watch The price is currently trading above 18,750. As long as it remains above this level, it is likely to reach 18,900, which is a significant previous resistance level.
It appears that the price may decline to 18,750 for a correction before continuing its upward movement.
If the price retests and falls below 18,750, it will end the current bullish trend and initiate a bearish trend.
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