NAS100: Bearish Ride Continues – Shorting Resistance

Trend Confirmation

NAS100 is clearly bearish, down -0.43% today at 21408.62. The trend is your friend, and right now, it's pointing down. Broader market sentiment is looking heavy, providing some fundamental headwinds. Intraday, I'm eyeing continued downside pressure.

Trade Setup

Looking for a retest of resistance to jump in. My short entry is set at 21442. We've seen resistance around 21450 and 21500 hold, confirming the technical bias. Stop Loss tight at 21606, just above the daily high. Target down at 21031, with key support levels at 21350 and 21300 to watch on the way down.
Watching closely.