NAS100 Extends Upward Trajectory With Reinforced Technical Alignment

NAS100 Analysis – September 21

NAS100 continues its upward trajectory with reinforced technical alignment. The index is advancing within a bullish framework, with price action holding near $24,620.

The index remains above the 9-day simple moving average around $24,190, which has acted as a reliable near-term support. The MACD (Moving Average Convergence Divergence) is trending positively, reflecting strong momentum and reinforcing the market’s prevailing bullish inclination. These dynamics highlight sustained buyer control and point toward further upside potential.

NAS100 Key Levels

Resistance Levels: $24,050, $25,000, $26,040
Support Levels: $23,000, $22,140, $20,360

NAS100 Long-Term Trend: Bullish

From a technical perspective, the index recently broke out of a consolidation range between $23,580 and $24,050, which had previously acted as a resistance zone. This breakout, along with a consistent pattern of higher highs and higher lows, confirms the persistence of the prevailing bullish trend. The $23,000 zone was validated as a major support earlier this month, establishing a solid foundation for continued upward movement. These structural factors indicate that market participants are committed to maintaining the bullish momentum.

Looking ahead, projections suggest NAS100 is approaching a test of the $25,000 region, which serves as a key psychological and technical level. A confirmed close above this area could clear the path for a move toward $26,040 in upcoming sessions. In the case of a short-term pullback, initial stabilization is expected near $24,180, with further support likely at $23,580. Overall, the outlook remains positive, with momentum indicators and forex signals favoring continued appreciation and potential trend extension.

NAS100 Short-Term Trend: Bullish

On the four-hour chart, NAS100 is trading around $24,620, maintaining strong momentum above the 9-period SMA at $24,500. Recent price action has broken out from the $24,050–$24,200 demand zone, confirming bullish order flow. The MACD remains in positive territory, reinforcing upward momentum. With buyers firmly in control, the next upside target remains at $25,000.

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