NAS100: Bearish trend holds. Short setup looks clean.

Market Overview

The trend is our friend, and right now for NAS100, it's clearly bearish. We're sitting at 21393.21, down 0.5% today. The day range has been 21233.03 to 21553.39, showing sellers are in control. Previous resistance at 21450 and 21500 is holding strong, pushing price lower. Broader market sentiment is currently weighing on tech, reinforcing this technical setup.

The Setup

Taking this trade short. Levels are clear. We're looking for a retest of resistance then a push down.
Entry: 21432
Stop Loss: 21624
Take Profit: 20951

Target

My target at 20951 is well below today's low of 21233.03, aiming for a break of that support. Aggressive, but the momentum is there. Manage your risk.