NAS100 Bearish Continuation SetupNAS100 shows a clear transition from bullish expansion into a distribution phase, followed by an impulsive bearish breakdown. Price previously respected an ascending channel, but strong rejection from the premium supply zone signaled institutional selling pressure.
After sweeping internal liquidity near the highs, the index printed a sharp displacement move to the downside, breaking structure and invalidating the bullish trend. This move confirms a market structure shift (MSS) and suggests that smart money has exited long positions.
Currently, NAS100 is trading below a key supply / mitigation zone, where multiple pullbacks have failed. Price action shows weak bullish attempts, indicating that rallies are being sold into rather than accumulated.
The projected path suggests a bearish corrective retracement, followed by continuation toward the higher-timeframe demand zone below. This area aligns with prior accumulation and remains the most probable downside liquidity target.
As long as price remains below the marked supply zone, bearish bias remains dominant. Only a strong reclaim and hold above resistance would invalidate this scenario.
Market Bias:
Short-term: Bearish
Structure: Distribution → Breakdown → Continuation
Key Concept: Supply rejection, liquidity grab, bearish displacement
⚠️ Wait for confirmation on lower timeframes and manage risk accordingly.
