NAS100 Short Play: Riding the Bearish Wave

Market Outlook

NAS100 clearly bearish. Current price 21376.09, down 0.58% in 24 hours. The trend is your friend, and it's pointing down. Broader market sentiment remains cautious, adding weight to this bearish momentum.

Trade Setup

Watching closely for a retest of prior resistance. Entry at 21421 makes sense here. Aggressive, yes, but the charts speak. Stop Loss tight at 21644, above the 21561.95 daily resistance. Take Profit targeted at 20863, well below the 21190.23 support. This is an intraday move. Let's see it play out.