NAS100 Short Play: Riding the Bearish Wave
NAS100ShortIntraday1w ago23 views
Trade Setup
Entry Price
21430.00
Stop Loss
21627.00
Take Profit
20937.00
Risk : Reward
1 : 2.50
RiskReward
Market Outlook
NAS100 is clearly on a bearish trend, with the market down -0.51% over the last 24 hours, currently trading at 21390.55. The trend is your friend here. We've seen resistance hold around the 21450-21500 zone, capping any bounce attempts. This overall negative sentiment suggests further downside is likely.
Intraday Trade Setup
I'm looking for a short entry on NAS100. My setup:
* Direction: Short
* Entry: 21430
* Stop Loss: 21627
* Take Profit: 20937
Comments