NAS100 going into cash open with positive sentiment
The NAS100 has a positive sentiment heading into the cash open. The H4 chart on the left shows the index positioned between the upper blue and red bands in its bullish area. However, the hourly chart on the right suggests a potential higher trough (HT?). An hourly close above the green horizontal would increase the likelihood of this scenario and lay the platform for the next higher peak.
Corporate earnings will play their part here in terms of short-term sentiment. Earnings releases ahead include GS, NFLX, JNJ, LMT etc.
Russell Shor
Senior Market Strategist
Russell Shor is a Senior Market Strategist at FXCM, having been promoted to the role in 2025 in recognition of his depth of insight and consistent delivery of high-impact market analysis. He originally joined FXCM in October 2017 as a Senior Market Specialist.
Russell holds an Honours Degree in Economics from the University of South Africa, is a certified FMVA®, and a full member of the Society of Technical Analysts (UK). With over 20 years of experience in financial markets, his work is renowned for its clarity, precision, and strategic value across asset classes.
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