Technical Analysis:
The NDX 100 currently presents a favorable outlook for long positions, with the overall trend remaining intact. The index is approaching a significant order block on the daily timeframe and is near an important support area on the 2-hour chart. Traders should consider monitoring a potential shift on the 1-hour timeframe to initiate buying opportunities, aiming for an upward move towards the 20450 and 20575 levels. It is crucial to wait for proper confirmation before committing to long positions to ensure the trend continues as anticipated.
Disclaimer: Trading involves inherent risks and may not be suitable for everyone. Past performance is not indicative of future results. It is important to carefully consider your financial situation and risk tolerance before engaging in trading activities.