NASDAQ — Critical decision point

567


🏆US100 rallied strongly into the dynamic resistance trendline but failed to hold the breakout attempt. Sellers stepped in at resistance, making this a critical area for the next directional move.

📈 Bullish scenario

If buyers reclaim the dynamic resistance and confirm a breakout, the next upside target will be the highlighted supply zone around 30,600–30,800.

📉 Bearish scenario

If the rejection continues, we could see a corrective move toward:

29,400
28,600–28,400 (major demand zone)

The market is sitting at a key decision point. Whether buyers can reclaim the trendline or sellers extend the rejection will likely determine the next major move.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.