US Nas 100Short
NAS100 to continue stumble
The trend is obviously down with certain market structure in place we have our higher lows and lower lows which validates downtrends the big question is where will the new low be set. There could be a bounce and reversal at 12800 if it fails to hold here then i expect a retest and continuation to the downside. For trading this I would basically trade the trend as for stocks I would use this as confluence for shorts and stock options I would look to place buy puts towards top the tech stocks. careful and good luck!
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