NAS100 is starting to form bearish channel

58
Will NAS100 continue this trend?
I believed it will until there are clear direction from the new president on how he will address the economy. Knowing that President Trump is pro-stocks, once he announced his plan, the trend might change or might continue depending on the sentiment of the investor.
IMO, this downward trend is temporary and NAS100 will continue on the bullish trend.
Lets see, we keep this on note.
Note
the downtrend channel is really forming

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.