Nasdaq-100 Index (US100) Bearish Outlook Explained for CAPITALCOM:US100 by VasilyTrader — TradingView

Multiple Time Frame Analysis Candlestick Analysis Double Top or Bottom indexes us100 nasdaq NASDAQ 100 CFD nasdaq100 NASDAQ 100 E-MINI FUTURES US30 dowjones

mtfa candlestick doubletoporbottom indexes us100 nasdaq nas100 nasdaq100 nq1! us30 dowjones

snapshot

Nasdaq reached a key daily supply zone last week.
The market was rejected heavily from that.

Analyzing a 4H time frame, I spotted a confirmed bearish reversal:
the price formed a double top pattern and closed below its neckline.

The index may drop soon to 12279 / 12058

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