NAS100 the index is trading near 29,613, which is below the Bollinger Middle Band (29,745.52) and SuperTrend (29,974.32). The MACD is negative but showing slight convergence (DIF -234.45, DEA -244.22). The structure is neutral-to-bearish in the short term.


#SpaceXIPOSeesStrongOversubscription $NAS100

Here’s a concise trade plan:

📉 Short Trade (Sell on resistance)

· Entry Zone: 29,700 – 29,750 (retest of Bollinger MB)
· Stop Loss: Above 29,900 (recent high + structure)
· Take Profit 1: 29,280 (today’s low)
· Take Profit 2: 28,730 (Bollinger LB)
· Risk/Reward: ~1:2

📈 Long Trade (only if bullish reversal confirmed)

· Confirmation needed: Break and hold above 29,750 (Bollinger MB) with volume
· Entry: On pullback to 29,650–29,700 after break
· Stop Loss: Below 29,500
· Targets: 29,970 (SuperTrend) / 30,750 (Bollinger UB)

⚠️ Risk Management

· Risk 1–2% per trade
· NAS100 sensitive to tech earnings and US interest rate expectations
· Avoid trading inside tight range (29,280 – 29,750) without clear breakout
NAS1000.97%
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EqunixHub
· 5h ago
DYOR 🤓
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EqunixHub
· 5h ago
Diamond Hands 💎
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EqunixHub
· 5h ago
To The Moon 🌕
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EqunixHub
· 5h ago
Ape In 🚀
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