NAS100 clears 30302 resistance as 4H/1D trend eyes 30391

NAS100 is grinding into supply at the 30302–30391 band with the trend stack doing the heavy lifting and price holding above a series of prior broken resistance levels now acting as support.

The index gained 0.33% on the session and printed a 30024.75 to 30350.00 intraday range, pushing through the 30254.6 resistance that had capped price in prior sessions. No single macro catalyst drove the move; the tape has been grinding off the EMA cluster on its own momentum.

The setup reads constructively for a trend-following desk. Price sits comfortably above EMA20 at 30187.92, EMA50 at 30009.03 and EMA200 at 29623.50, with the full three-stack ascending and intact. Trend is aligned upward on 4H and 1D timeframes, while the 1H sits neutral — a healthy pause rather than a reversal signal. RSI is neutral, leaving room for momentum to build without the overhead drag of an extended reading, and volatility is normal, keeping ATR-based stops manageable. The prior context reinforces the picture: multiple levels from 29951 to 30254 have been broken to the upside in succession, and 30302 is the most recent to yield.

We look to buy dips into the 30187–30224 zone where EMA20 and prior support converge. Next resistance sits at 30391. A daily close below EMA50 at 30009.03 invalidates the bull case entirely.