NASDAQ Short-Term Outlook (Study Purpose Only)The NASDAQ index is showing signs of short-term weakness following a rejection near the 22,000–22,200 resistance zone. The recent breakdown from the consolidation range suggests bearish sentiment is building.
🔻 Key Observations:
Stop Loss Zone: 22,192
Price should ideally remain below this level for a bearish setup to remain valid. A move above this zone may invalidate the downside scenario.
Immediate Support Level: 21,010
If selling pressure continues, this is the first potential bounce zone. Watch price behavior closely here.
Deeper Support Target: 20,223
A break below 21,000 could open the door for a drop toward the 20,200 area — a previous accumulation/support level.
⚠️ Risk Management:
Traders may consider this type of setup if looking for short positions, but only with tight risk controls and clear confirmation of trend continuation.
📝 Disclaimer:
This analysis is strictly for study and educational purposes. It is not financial advice or a recommendation to take a trading position. Please consult a licensed financial advisor before making any investment decisions.
