NASDAQ #NAS100 #NQ BIG SHORT THIS WEEK?

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Market Makers' Bias:
-Non-Commercial traders, including hedge funds and large institutional speculators, have significantly increased their net selling positions compared to the previous week. This shift indicates a strong bearish divergence, suggesting that market sentiment has turned decisively negative.

Additional Fundamental Bias:
-The Nasdaq appears overbought relative to U.S. Treasury bonds, suggesting that tech stocks within the Nasdaq Index, such as #AAPL, #META, and #GOOG already falling in prices.

-We also have the Nasdaq Futures contract Rollover Price gaps, they normally act as a magnet to be filled.

US-Election year Seasonality - Heavily Bearish this week.

Technical Analysis portion:
-We are just hit the weekly covered daily Supply zone, price may now be ready for a bearish this week.


***As always, trade safe and make sure to do your due diligence when analyzing the charts.***

Let’s see how this plays out... 👀👀

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