NAS100 Short Play: Riding the Bearish Momentum

Market Overview

NAS100 is showing weakness, currently trading at 21420.82 and down 0.37% over 24h. The bearish trend is clear, and "the trend is your friend." We've seen resistance hold around the 21450 level, with the day's high touching 21539.59 before pulling back. Broader market sentiment points to continued caution, reinforcing this technical setup.

Trade Setup

My focus is a scalp short. Looking for entry at 21449, targeting the significant support at 21093, which sits below the day's low of 21302.04 and other key support levels