NASDAQ ANALYSIS (NAS100/US100/USTEC 100 INDEX)

 Hello traders, NASDAQ (NAS100) price rallied from demand level on H1, H4 & the daily chart at 11150.64 & 11058.81 to supply on H1 & H4 at 12199.68 and dropped back to demand. Price formed a demand level at a minor bullish BOS on H1 & H4 at 11366.30, rallying and breaking the minor supply on H1 & H4 at 11703.41 & 11606.15, confirming a shift in market structure to bullish. Price retraced to retest the broken supply as new demand, accumulating more bullish orders followed by a continuation of the rally. Took buy entries during NYSE at 11750.47 with SL at 11681.36. Setup taken is a rally base rally, a continuation setup. 

Price rallied by a constant push away from demand causing a 213 points rally and still showing more bullish potential. My target is at the next high on H1 & H4 at 12199.68. However I anticipate a possible continuation of the rally to supply on H1 & H4 at 12430.0 & 12561.1 for price to fill the range from supply to demand and back to supply.

Price continued with the rally forming higher highs causing a 3200 points rally and still showing bullish potential. However I closed out my positions before price got to my expected target at 12199.68 due to the oncoming NFP news release that was expected today during NYSE. During the NFP (Non-farm Payroll) news release, price first dropped to 11951.29 forming a minor demand on H1 followed by a rally in price to the high at 12161.36, slightly missing my target.