NAS100 Trend

It's heavily bearish. Directional bias is given, find your entry based on your strategy

Yeah. I'm also bearish on Nas100

Price is still bearish and i will hold this sells to confirm the directional bias.

Us100 is so indecisive this period for me it's just ranging so if you would just close in little profit or BE and watch price closely for a re-entry

I would set BE instead then

That will be better

The sells is going well. The selling momentum is good

ps what is the reason for selling? it is not explained tho

Just hope it breaks the support below so we can see more down side

Price is already bearish on the 4h timeframe. Time retraced to take out internal range liquidity and now it's heading for external lows. That's why price is selling

Yeah I'm still holding the sells

The sells are going well but a break above the recent 15min high will give more upside

Sorry disregard the EU chart I dropped it was a mistake, the comments is for Nas100 , if price goes above that box which is at the recent highs then we will see more buys

Yeah I can see that

Nas100 should continue downwards

How did this go? Hope you had a good ride with the sells. Taken profit, or still riding it?

Nas 100 has not been indecisive. It was just building a bearish pressure preparing for an explosive breakout.

Fundamentally, Nasdaq is selling because memory chip makers and semi conductor companies like Nvidia,AMD,Intel, Micron are having their stocks sold aggressively instead of being bought more by investors, costing those company losses. Another way to put it is that AI(Artificial Intelligence) Investors are taking profits causing those companies to undergo heavy selloff. and these companies are major players in Nasdaq.

Also the US-Iran Recent strikes is also putting the Nasdaq index under pressure, but primarily at the moment, nasdaq is selling because of those semi conductor weakness/heavy selloffs. that now aligns with the technicals you are seeing on your charts.

It finally hit tp

nice one

It broke below the level I marked out yesterday and it is still dumping if you look at the monthly timeframe, you will know that it has been buying for a long time, it's a pull back to a discounted level, but I am also considering the fundamentals too