NAS100 BULLISHNAS100 is looking pretty Bullish at the moment, we're looking to break the 4hourly just above the prices, our confirmation will come after the break of the Resistance, my previous Nas100 was a flop because i put the SL way too close, or not because Nas100 is known for its fakeouts...
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Nas100prediction
Do not miss this sell opportunity on NAS100!Yesterday I mentioned of a parallel channel on NAS100 and predicted the fall. There was a hesitation for bears to break through 13400 and today we see that price has fallen below it. I have also spotted a number of bearish signs that I think the market is shifting momentum to the downside.
The market clearly made series of Hhs and we can agree that bulls were in control. Up to the high of 13720 buyers seemed to lack sufficient strength to push price further. We began to see momentum to the downside. At this point we can clearly see that bulls
are being kicked out cause they failed to push price to create a new Hh.
From a technical stand point we can see a pattern that can be categorized as a head and shoulders pattern so it is a bearish reversal sign. Bulls may be exhausted and bears may be stepping in to change the overall direction of the market.
I am interest to see price fall to 13000-13080.
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Expect NAS100 to fall to 11776!Yesterday we saw a strong bearish impulse from 12156 as I mentioned in my previous idea and NAS100 erased at least 2.70% of its last week's gains. The market retraced up earlier today during London session and now trading around a downtrend resistance that extends from May 2022. Today I expect the market to fall from this downtrend resistance and target 11776.51.
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