Nas100: A breakout of the ranging market and bearish projection

Hello traders, last week we saw buyers struggling to take price higher from 14000 psychological level. At the start of this week price broke below 13900 where price was held in a ranging state last week. At this moment there is high chances that we might see price continuing to decline. I will be looking for further developments and bearish confirmation for possible short positions with targets of 13400 and 13100.


Traders, if you find this idea beneficial please support it with likes and comments. I'll be glad.
NASDAQ 100 CFDUS NAS 100nasanalysisnasdaqnasdaq100nasideaTrend Analysis

Disclaimer