VasilyTrader

Nasdaq-100 Index (US100) Bearish Trend Continues

Short
CAPITALCOM:US100   US 100

Yesterday was a very bearish day for many Dollar-related instruments.
Nasdaq Index closed below a local daily structure support.
Moreover, the todays daily candle opened with a gap down,
Signifying a strong bearish pressure.

I believe that the index will keep falling.
Next support - 11500.

Also, remember that 80% of the time gaps tend to be filled.
So be prepared for a retest of a broken structure first.

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