NAS100: Bearish Bias Holding - Looking for the Drop

NAS100ShortScalp1w ago15 views

Trade Setup

Entry Price

21421.00

Stop Loss

21643.00

Take Profit

20867.00

Risk : Reward

1 : 2.50

RiskReward

Market Snapshot & Trend


NAS100 is clearly in a bearish phase, down -0.57% today, currently at 21376.94. The day range has seen highs of 21561.53, but the overall sentiment remains negative. This isn't just a dip; it's a confirmed trend. "The trend is your friend," and right now, that friend is heading south.

Technical Play & Levels


My scalp trade is short. I'm looking for a retest or slight bounce into resistance before the next leg down. Entry at 21421, targeting 20867. My stop loss is set wide enough at 21643, just above the daily high of 21561.53 and resistance at 21500, acknowledging the volatility.

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