NAS100: Riding the Bear Trend Down. Ready for a Drop.

Market Outlook

The trend is clearly bearish on NAS100. Current price 21416.28, down -0.39% for the day. Macro headwinds continue to weigh on tech. We saw today's high hit 21541.86, confirming sellers are strong around resistance levels. The day range is wide, 21290.71 — 21541.86, showing volatility. The path of least resistance is down.

Technical Setup

My analysis points to further downside. We're looking for a retest of the 214