NAS100 - Can 1D Trend Hold?

Dear Friends,

How I see it:

# Very strong 3 Day rejections at ATH = 22235.00
## Strong RED daily close on Friday
### Impressive 1D trend since 7th August 2024, still holding!

Potentially price can continue down looking for support -

1) 50% Fib retracement @ 21415.00
2) 1D Trend support @ 21200.00
3) Psychologic support @ 21000.00
4) Strong demand @ 20600.00 - 20470.00

Potential long - (I don't want to guess what it will do first)

1) Imbalance to fill up to 21870.00

Keynote:
If this 1D trend is breached and the break is confirmed -
Price can easily fall back down into the 17000 's region.

Thank you for taking the time to study my analysis.