NAS100 is going DOWN ( short it)

OANDA:NAS100USD   US Nas 100
Considering the US elections outcome and especially Biden's slogans during his presidential campaign, strict enforcement for the complete quarantine of many US cities
we expect a massive drop in all indices ( incl. NAS100 ). Biden's tax announcements will also push indices lower ( and USD higher).

We have reached the top of a trend line . Rejected it last week. Now we closed lower.

If the channel is breached, expect even further movement up ( long) - but I doubt.
Short is what is expected.
3 strategies on the chart - short, medium and long term (or TP1, TP2, TP3)

Good luck and do not forget:
nobody knows where it will go.
It is the risk management that makes money.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out