NAS100: Bearish Momentum Confirmed, Setting Up for a Swing Short

The Trend is Our Friend: Bearish Bias Intact

Alright team, let's talk NAS100. The market has been relentless, and the data clearly reinforces our bearish bias. We're currently sitting at 21401.06, down a solid -98.94 points, or -0.46%, in the last 24 hours. That's not just noise; it's a clear signal of underlying weakness. The daily range, stretching from 21252.65 to 21549.47, shows us that while there might be some intraday bounces, the bears are firmly in control, consistently pushing price lower from the highs. We've seen a clear market structure shift to the downside, with lower highs and lower lows being established. Any rallies are being met with strong selling pressure, confirming that the path of least resistance remains south.

Technical Setup: High Probability Short Zone

My analysis points to a compelling swing short opportunity. We're