NAS100: Bearish Momentum Continues – Riding the Downtrend

Market Pulse

NAS100 is clearly bearish. We've seen a -0.53% drop today, currently trading around 21387.06. The trend is your friend, and it's pointing down. Broader market sentiment and rising yield concerns are keeping tech under pressure. Price hit 21556.47 resistance earlier, confirming sellers are active.

Scalp Setup: Short NAS100

Looking for a quick scalp. I'm hitting a short entry at 21428. My stop loss is set tight at 21631, just above the 21556.47 resistance zone. The target is aggressive: 20920. This move anticipates a break below current support at 21350 and 21300.
Watching closely. Let's see if this momentum holds.