This coming week, we anticipate NAS100 to further weaken. Technically, the index did not succeed to push price higher, instead it printed relative equal highs which suggest weaknesses. Bears succeeded to break below the 12200 and 12000 psychological levels which also acted as support. There is high chance that we could see NAS100 continue declining.
We will be monitoring price for possible short positions with two targets in mind, 110807.36 and 11458.89.
Traders, if you find this idea helpful please be kind to show your support with likes.
We will be monitoring price for possible short positions with two targets in mind, 110807.36 and 11458.89.
Traders, if you find this idea helpful please be kind to show your support with likes.
