#NQ100: SELL 21350, SL 21700, TP 20350 | 25 February 2025
25 February 2025, #NQ100
Bearish sentiment is evident even in such a bullish trading instrument as the NASDAQ index. After an unsuccessful attempt to establish a new high, the price surged downward and is now confidently heading in that direction.
Apparently, this decline is driven by the ongoing development of the corrective Wave 4. At present, it still appears incomplete, so the downward movement is likely to continue, and the price will break out of the inner channel.
For this reason, entering and maintaining sell trades in this situation appears to be a promising trading decision.
Investment idea: SELL 21350, SL 21700, TP 20350.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
