NAS100: Bearish Trend Dominates – Targeting Downside Below Key Resistance

NAS100ShortIntraday5h ago1 views

Trade Setup

Entry Price

21437.00

Stop Loss

21727.00

Take Profit

20857.00

Risk : Reward

1 : 2.00

RiskReward

Good morning, KoraFX community. Daniel Thompson here, diving into the NAS100 this morning. The data is compelling, showing a clear bearish tilt that aligns perfectly with my core belief: "The trend is your friend." With the current price sitting at 21379.1 and a 24-hour change of -120.9 (-0.56%), we're seeing continued downward pressure on the tech-heavy index.

Technical Breakdown


Looking at the charts, the bearish momentum is undeniable. The NAS100 has been trading within a day range of 21

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