US 100 Cash CFD
Short
Updated

NAS100 Why I'm Watching for a Countertrend Short on US100

187
The NASDAQ (US100) has pushed aggressively into fresh all-time highs, tapping into a key liquidity zone where buy-side liquidity sits above previous swing highs. 📈💧

Price has extended without any meaningful pullback, suggesting we may soon see exhaustion and a corrective move. As we approach the end of the week, institutional traders often rebalance or close positions, which can trigger short-term retracements. 🏦🔄

If price breaks structure to the downside, I’ll be watching for a counter—
residing in a premium zone to—butter to the downside swings—for a potential countertrend—but—
🛑 Not financial advice. For educational purposes only.
Order cancelled
NAS100 failed to break below, so there’s no trade setup and we can abandon this idea snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.