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Kumowizard

NAS100 - 4H shows possible bearish continuation. Hold shorts!

Short
US 100 Cash CFD (FX:NAS100)  
Kumowizard  
FX:NAS100   US 100 Cash CFD
3
1

- Nas100 4H chart is turning more bearish, and will remain bearish biased until Price trades below 4580-4600.
- Looking at the daily: a break below 4510 Kijun and Senkou B support could increase selling pressure.
- If you consider where it was trading when last time broader SP500 was down here, then you realise it has quite a room to catch up.... I mean down!

Idee correlate

Kumowizard
NAS100 - OK, it is still bullish, but a bit overbought
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