PeNuel2020

NAS100 - Possible Short ahead

Short
CAPITALCOM:US100   US 100
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DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is strictly for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable at all.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.


REASONS:

Key resistance ahead @11800 - 11900
Market gap to be filled @11820 - 11860
Double top retail traders to be taken out before the selloff
Key Fibonacci level ahead (50%) at resistance zone

Let's see how NASDAQ price action behaves if it aligns with the chart analysis as seen.

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