NAS100 Short Opportunity: Riding the Bearish Wave Down

Market Overview and Trend Confirmation

Alright team, let's zero in on the NAS100. We've seen a clear shift in sentiment, with the index currently trading at 21401.88, down -98.12 points (-0.46%) over the last 24 hours. This confirms the prevailing bearish trend that's been building. From a macro perspective, persistent inflation concerns and the hawkish rhetoric from central banks continue to weigh heavily on growth stocks, particularly in the tech sector, providing a fundamental backdrop to this technical setup. As I always say, "The trend is your friend," and right now, the friend is pointing south.

Technical Analysis & Entry Rationale

Looking at the charts, the NAS100 has struggled to hold gains, with significant resistance proving strong. The day's range has been between 21254.69 and 21549.06. We've seen rejections