NAS100: Riding the Bear Trend – Short Setup

Market Overview

NAS100 is clearly bearish, currently at 21357.96 and down -0.66% today. The trend is your friend, and it's pointing down. We've seen resistance hold firmly around 21400-21450, with the daily high at 21571.02. Broader market sentiment continues to weigh on the index.

Intraday Short Play

I'm looking for a short entry on NAS100 at 21409. This is a textbook entry off that resistance zone, aligning with the overall bearish pressure. My stop loss is set at 21665, just above the daily high, and I’m targeting 20770 for