Signal US100 Buy — H4 - May 21, 2026 22:50 GMT-4
The Nasdaq 100 index on H4 timeframe shows a strong bullish bias, with consecutive higher closes and consolidation near key resistance levels. Recent price action has formed a bullish pattern, closing above the prior high of 29485.3 while maintaining volume above 50,000, indicating institutional participation. The current setup suggests a potential breakout from a consolidation phase, with the price hovering around the 29480-29485 range. Volume spikes in the last few candles, particularly at the 29485.3 high, confirm the strength of the upward move. The pair has been consolidating between 28899.12 (support) and 29485.3 (resistance), with the latest close near the…