NAS100: Riding the Bearish Wave – Short Play

Market Outlook

NAS100 is clearly bearish, down 0.36% today at 21423.67. The momentum is pushing lower. Macro headwinds and persistent inflation concerns continue to pressure tech, weighing on sentiment. The trend is your friend, and it's pointing down.

Technical Setup & Trade

Levels are clear. We're seeing rejection around the 21450 resistance zone. I'm looking for a retest of that level for a short entry. This is a clean setup for a scalp.
Taking this trade:
Entry: 214