NAS100 Extends Uptrend Amid Strengthened Buying Interest

NAS100 Analysis – October 26

NAS100 extends its uptrend amid strengthened buying interest. The NAS100 Index continues to demonstrate a solid upward trajectory, with overall sentiment remaining bullish. Price action holds above the 9-day moving average near $24,970, indicating strong buyer control and a favorable short-term bias. The MACD reading reinforces this outlook as its lines show improving momentum, suggesting that upward pressure is gaining consistency. Overall, the technical picture reflects a market supported by steady participation and firm interest around key demand zones.

NAS100 Key Levels

Resistance Levels: $25,000, $26,040, $27,000
Support Levels: $24,050, $23,000, $22,140

NAS100 Long-Term Trend: Bullish

Structurally, the index has rebounded from its ascending support line and regained footing above the $25,000 region. The earlier decline toward $24,050–$24,000 served as a corrective retest that allowed buyers to re-enter the market with renewed strength. Recent price movement has broken out from a tight consolidation phase, maintaining a sequence of higher highs and higher lows that confirms the prevailing bullish structure. The consistent defense of lower levels and alignment with the short-term moving average further emphasize ongoing upward momentum.

Looking ahead, if the market sustains its current strength, NAS100 could advance toward $25,580, with potential extensions toward $26,040 and $27,000 in the coming sessions. Consistent closes above $25,000 are expected to attract additional investor confidence and sustain buying interest. Conversely, a drop below $24,760 could prompt a temporary pullback before the trend resumes. Overall, the market remains constructive as long as price action adheres to the established rising framework, supported by insights from forex signals that highlight continued bullish sentiment in major indices.

NAS100 Short-Term Trend: Bullish

NAS100 maintains its bullish outlook on the four-hour chart as price continues to trade above the $25,000 support zone and the 9-period moving average near $25,250. The recent breakout from consolidation indicates renewed buyer commitment, reinforcing strength along the ascending trendline. A slight retracement toward the $25,000–$25,250 order block could precede further upward movement. If momentum persists, the index may rise toward $25,600 and potentially $26,040 in the short term.

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