NAS100 Trend

Thanks man

Yeah i can see that. i think price might retrace into that demand zone on the monthly timeframe or that key level marked

The resistance was tested 3 times, before breaking below, in such zone it's just to wait for a break, before making a decision

If price must buy from any of those levels it will take next year that means through out we should just be bearish, because that is a long way down, let's just keep our ears down and wait for trump speech about the war then we will know if price will continue or reverse as structure will react

True sha 🥲

Trump speech can actually make this market continue the buys without retracing further down

Even during early this month on 8th that he declared the end of cease fire, if you look at the chart image, you will see it marked out the jump that happened this week Monday, ustech was supposed to continue high but instead fell because of that

Nas 100- I mentioned it earlier, that it has formed a triple top and also confluences with a classical 3rd touch effect of a trendline. And contrary to popular SMC that price will sweep it (Liquidities at double bottoms, triple tops, trendlines etc.), price didn't but rather sold off heavily.

There are technical confluences that must not be overlooked when they present themselves, especially with heavy macro data looming around and pointing fingers at the same thing too.

Ustech was supposed to buy this week but that end of cease fire speech that came out just spoiled everything if you also check from that time gold was showing strength of buys but after that 8th July gold sells starred the next week, so for me I feel that was the fundamental that pushed ustech downwards more

The Buys it intended happened during CPI, price needed a strong push to the upside, for a stronger drive to the downside. Investors had to pump price up and lock in profits before starting to distribute by offloading/reducing the positions.

True i can see that

Those weekend gaps are always scary

The sells off or offloading occured due to fear after that speech, it's also good that the trend is now clear and understanding I will be selling as price reacts inside that box which is an fvg level

cool

NAS100 is showing a clear bearish narrative.

Price has been making lower highs and lower lows, and the recent structure continues to favor the downside.

I'm not chasing the current move.

I'm waiting for the retracement into my sell zone.

Sell Limit: 29,511.2

SL: 29,673.0

TP: 29,023.9

NAS100 has been respecting the bearish structure.

We got a break of structure to the downside, followed by a retracement.

Now price is approaching an area where I want to look for another sell.

The plan:

Let price retrace → enter short → target the lows.

Simple.

The setup isn't about selling because NAS100 is falling.

It's about selling because the market structure is bearish.

Price broke structure.

Then created internal range liquidity.

Now I'm waiting for price to retrace into the POI before looking for continuation.

No FOMO.

NAS100 SELL LIMIT 📉

Entry: 29,511.2

SL: 29,673.0

TP: 29,023.9

Risk is clearly defined.

I'm targeting approximately 3R on this setup.

If price reaches my entry, I'll execute the plan.

If it doesn't, I won't chase the move.

One thing I refuse to do:

Sell the bottom of a bearish move.

That's why I'm waiting for NAS100 to retrace.

The market has already shown bearish intent.

Now I want the pullback into my area of interest so I can participate with controlled risk.

NAS100 has been printing a series of lower highs.

The latest rally failed to reclaim the previous structure and price has continued lower.

That gives me the directional bias I need.

I'm looking for the next retracement to sell.

Bias: Bearish.

There is a big difference between predicting the market and reacting to it.

I'm not predicting that NAS100 must fall.

I'm reacting to:

→ Bearish structure

→ BOS

→ Internal liquidity

→ Retracement

→ Supply/POI

Now I have a defined short setup.

My NAS100 idea is simple:

I want price to retrace toward 29,511.2.

That's where I'm looking to get short.

Invalidation is at 29,673.0.

Target is 29,023.9.

One setup.

One risk level.

One target.

Let the market decide the outcome.