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US Nas 100
Short

NASDAQ (NAS100USD) Breakout of Major Channel & Bearish Outlook

By VasilyTrader
snapshot

hey guys,

NASDAQ has violated a support line of a major rising channel on 4H.
now the price retests the broken line and it will most likely trigger a strong selling reaction.

goals for sellers:
9350
9182

note that the structure high of February is now above and it serves as a key horizontal resistance.
it adds additional confidence in this forecast.
Chart PatternsdowjonesfuturesindexesNASDAQ 100 CFDnasdaqS&P 500S&P 500 (SPX500)StocksTrend AnalysisUS30Wave Analysis
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