NAS100 Update - Rally or Deeper Short?Dear Friends,
How I see it:
1Day body closed below 7 Month trend for the first time yesterday.
Fake out or Legit? To be confirmed...
At this time price is testing the trend breakout area.
If price can find more support above 21345.00, we could see a rally
to fill imbalance as indicated.
Otherwise, a potential fall to 20600.00 is possible.
Thank you for taking the time to study my analysis.