ElenaMayi

USNAS100 - Descending from Heights

Short
OANDA:NAS100USD   US Nas 100
The Nasdaq index is showing a bullish trend towards 18245, and as it is difficult to breach this level, the price may be pushed down if it hits it. Be cautious, though, as stability above 18245 will take you to the previous high zone, indicating a climb in the direction of 18400. When the price closes a 4H candle below the 18130 level, the 18040 level becomes a target. Also for today, it looks like it will be a down trend.

Tendency: short 18245
Target station: (18130, 18040, 17990).

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