NAS100: Bearish Bias Holding - Looking for the Drop
NAS100ShortScalp1w ago14 views
Trade Setup
Entry Price
21421.00
Stop Loss
21643.00
Take Profit
20867.00
Risk : Reward
1 : 2.50
RiskReward
Market Snapshot & Trend
NAS100 is clearly in a bearish phase, down -0.57% today, currently at 21376.94. The day range has seen highs of 21561.53, but the overall sentiment remains negative. This isn't just a dip; it's a confirmed trend. "The trend is your friend," and right now, that friend is heading south.
Technical Play & Levels
My scalp trade is short. I'm looking for a retest or slight bounce into resistance before the next leg down. Entry at 21421, targeting 20867. My stop loss is set wide enough at 21643, just above the daily high of 21561.53 and resistance at 21500, acknowledging the volatility.
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