In this analysis, I present my bearish perspective on the Nasdaq 100 (NQ) with a target level of 14250.
The NQ has been showing signs of weakness and potential reversal, which has led me to adopt a bearish stance. The market has been struggling to maintain its upward momentum, and a downward trend may be imminent.
Key reasons for my bearish outlook include:
1. Relative equal lows below 14250: this liquidity may be the main target for this week for me.
2. Price goes far below the CE of the 4H FVG: The 4H BISI doesn't offered support to the price.
3. Market Sentiment: The overall market sentiment is bullish all narrative about the debt ceiling and interest rates next week. Buy the rumors, sell the news.
Please note that this is my personal analysis and prediction, and it should not be considered as financial advice. Always do your own research and consider your risk tolerance before making investment decisions.
Stay tuned for more updates and happy trading!
The NQ has been showing signs of weakness and potential reversal, which has led me to adopt a bearish stance. The market has been struggling to maintain its upward momentum, and a downward trend may be imminent.
Key reasons for my bearish outlook include:
1. Relative equal lows below 14250: this liquidity may be the main target for this week for me.
2. Price goes far below the CE of the 4H FVG: The 4H BISI doesn't offered support to the price.
3. Market Sentiment: The overall market sentiment is bullish all narrative about the debt ceiling and interest rates next week. Buy the rumors, sell the news.
Please note that this is my personal analysis and prediction, and it should not be considered as financial advice. Always do your own research and consider your risk tolerance before making investment decisions.
Stay tuned for more updates and happy trading!