Mihai_Iacob

Will Nasdaq break support?

Short
OANDA:NAS100USD   US Nas 100
In my last Nas100 analysis, I said that "rallies in 15300 zone should be sold and only a new ATH would negate the bearish outlook".
The technology index reversed from that zone with a strong bearish engulfing and now is trading again in 14800 support
I maintain the idea that Nas100 can drop to 14k and IMO rallies should be sold
Above 15k can be a good point for bears to open their trades

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