NASDAQ 100 trade plan

3 thg 4, 2020

The NAS100 made a short retracement upward after hitting our sell stop two days back and has since been drifting sideways/slighty upwards in anticipation of major news releases (including Unemployment Rate and NFP) today. Price has now confirmed a bearish move with a breakout of the consolidation to the downside. The news drops layer on should give price enough momentum to reach the 7000.0 zone. Those who missed the entry on wednesday can get a chance to enter at the same price today. Risk/reward remains the same as the original entry.