NAS100: Trend Remains Bearish, Short Opportunity

NAS100ShortIntraday1w ago13 views

Trade Setup

Entry Price

21416.00

Stop Loss

21651.00

Take Profit

20828.00

Risk : Reward

1 : 2.50

RiskReward

Market Outlook


NAS100 still looking heavy. Current price is 21369.44, down -0.61% for the last 24h. The bearish trend is clear, and as always, the trend is your friend. We saw the day range hit 21565.28 high, but resistance at 21400 and 21450 has held firm. Broader market sentiment continues to weigh on tech.

Intraday Play: Short


My intraday setup is a short on NAS100. Looking for an entry around 21416. Aggressive play given the established bearish momentum.
Entry: 21416
Stop Loss: 21651
Take Profit: 208

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