Nas100 is facing strong resistance
In my previous Nas100 analysis I said that the index can rise and test important 13k zone resistance.
On Monday Nas100 reached that zone and yesterday it started to drop.
The trend for this index is still strongly bearish and I expect a new leg down as long as 13k is intact.
Sell rallies towards that zone can be a good strategy and bears can target the previous low for their short trades
On Monday Nas100 reached that zone and yesterday it started to drop.
The trend for this index is still strongly bearish and I expect a new leg down as long as 13k is intact.
Sell rallies towards that zone can be a good strategy and bears can target the previous low for their short trades
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