US 100 IndexShort
(22/05/2020) Nasdaq 100 short idea
With Friday's gap being filled, NAS100 has been struggling around the 9500 mark. With the FED trying to pump up the market with new bonds, zero-rate interest rates seemingly possible, trade war between China and the US, and vaccine race in play, there is a lot of uncertainty at the moment. Surprisingly, buyer speculators seem to dominate but will not hold. We can expect a push up to 9550 levels and a bearish movement back to the 9100s at least. There is a potential scalp trade on the 15min or 30min timeframe.
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