NAS 100 Daily Update (Tues 27th Oct 2026)
Trend: Bullish
Bias: Bearish
Technical Outlook: Bearish Descending Channel
Intraday Analysis: Yesterday, the week started with buys, trading back for a retest of the upper boundaries of the trend resistance at the 29445-price level.
Today, price is reacting to it, setting up to continue the bearish move downwards. I'll position for entry at the 29445-price level and SL above the trend resistance at 29600 price level.