NAS100 Short: Riding the Bearish Wave Intraday

Market Read

NAS100 is clearly bearish. Current price 21405.97, down 0.44% today. The trend is your friend. We've seen rejection near the 21547.01 day high. Broad market sentiment is cautious, contributing to the downside pressure on tech.

Technical View

Key resistance at 21450 and 21500. Price action confirms the bearish momentum. Looking for a retest into these zones before further downside. Initial support at 21350, then 21300.

The Trade

Intraday short setup on NAS100. Entry at 21440. Stop Loss tight at 216