NAS100 Bearish (Descending Trend, DOW LLs)NAS100 Unable to sustain above previous daily high. Overall indexes are seeing sell pressure with RISK ON instruments such as AUD and NZD showing sell off. Technically, bearish trend is not broken and DOW Lower Lows (LLs) still intact. Fundamentally Indexes will remain bearish.
Trade Setup:
Entry at Previous Day High (CMP)
SL at previous LH.
TP at 1:1 and 1:2