USNAS100 paving the way for a strong decline
Hello everyone,
USNAS100 6H NEW FORECAST
The index price presented a new negative close below the barrier centered at 16080, forming some additional negative waves to settle near 15835. We would like to note that the attempt to present the Stochastic indicator of negative momentum by sneaking below the 50 levels will increase the negative pressure on the current price trading so we maintain our expectation of an attempt to form an attack. A strong bearish correction targeting the 15645 level, and by breaking it, trading will extend towards 15551, forming the next stop for the current trading.
The general trend expected for today: Bearish
USNAS100 6H NEW FORECAST
The index price presented a new negative close below the barrier centered at 16080, forming some additional negative waves to settle near 15835. We would like to note that the attempt to present the Stochastic indicator of negative momentum by sneaking below the 50 levels will increase the negative pressure on the current price trading so we maintain our expectation of an attempt to form an attack. A strong bearish correction targeting the 15645 level, and by breaking it, trading will extend towards 15551, forming the next stop for the current trading.
The general trend expected for today: Bearish
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