iDCreator

NAS100 Technical analysis

PEPPERSTONE:NAS100   US 100 Cash CFD
Hello traders,

US100 may look bullish at the moment but i don’t feel good about it. (I’m still holding 2 long entries though)
Recently us100 has breaking lower highs in small timeframe but now we’re about to face the daily LH very soon.
Scenario 1: If price failed to break Daily LH it may be sign and begging of the another big fall since Covid fall.
Scenario 2: If we push through daily LH price may pull back to the zone then push it back to the ATH.
But it’s still early to tell.
This is 100% my opinion. I’m not a financial adviser or something. Share your thought with me.
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