I expect NAS100 to fall to 1112 seeing that the index is in a strong bearish momentum. The index is trading below a horizontal resistance and a falling trendline. I will be looking for selling opportunities with goal to 1112 during New York Session.
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NAS100 still show signs of bearish momentum. On lower timeframe though the market is bound and ranging between supply and demand. These are good areas to watch out for today during New York session for possible trading opportunity. Hope someone caught a sell entry on this.
