Hello everyone,
Nasdaq 100, as per my previous post yesterday, has tested the trendline and today has broken the trendline to the down side. Now this trendline will work as resistance as soon as this market does not break it to the upside.
Bears look to be in full control of this market right now. But this market is testing another support right now while i am writing this post. Below is the picture of H4 chart.
I will look at this market in the daily close and decide its direction. But to me, It is bearish in trend now, may be a short trend.
Trade at your own risk. Have safe trading.