Hello traders, I I have decided my mind and calculated the costs and I am going in. Yes! I am shorting Nasdaq100 in a moment. I will be looking for a good rejection at the resistance of the rising channel. I have established some good signs that Nasdaq100 will be bearish. To understand my position better I advice you to check out my previous analysis on Nasdaq100, you may want to follow the links below for quick access to the previous ideas.
My targets are set as follow:
Target 1: 15517.23
Target 2: 15217.49
Target 3: 14782.16
Target 4: 14535.38
Stop Loss: 15889.87
Take note that I have calculated the risks for my positions in case the market goes south. I strongly advice you to do your own analysis, make smart decision whether you can consider following this plan. I am prepared to loose what I have set aside on this trade so please do not take my opinion blindly. Calculate the cost before building a tower.
If you have any thoughts, do not hesitate to share in the comment section below.
My targets are set as follow:
Target 1: 15517.23
Target 2: 15217.49
Target 3: 14782.16
Target 4: 14535.38
Stop Loss: 15889.87
Take note that I have calculated the risks for my positions in case the market goes south. I strongly advice you to do your own analysis, make smart decision whether you can consider following this plan. I am prepared to loose what I have set aside on this trade so please do not take my opinion blindly. Calculate the cost before building a tower.
If you have any thoughts, do not hesitate to share in the comment section below.
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