NAS100: Shorting the Bearish Trend for a Quick Scalp
NAS100ShortScalp2h ago4 views
Trade Setup
Entry Price
21434.00
Stop Loss
21618.00
Take Profit
20973.00
Risk : Reward
1 : 2.51
RiskReward
Market Scan
NAS100 clearly bearish today, down -0.48% at 21397.57. Day range 21243.92 - 21551.22 shows sellers in control. The trend is your friend, and it's pointing down. Broader market sentiment and macro headwinds are keeping tech under pressure.
My Setup
I'm looking for a scalp short on NAS100. Entry at 21434, aiming for a retest of lower levels. We're rejecting resistance around 21450, which confirms the technical bias. My Stop Loss is tight at 21618, just above the daily high and key resistance at 21551.22.
Aggressive Target
Take Profit set aggressively at 20973. This is well below current support at 21243.92, looking for a strong momentum push. Watching closely for price action around 21300-21350.
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