#NQ100: SELL 18450, SL 19050, TP 16800 | 07 April 2025
07 April 2025, #NQ100
The anticipated corrective growth failed to reach its intended target. Buyers were caught off guard by Trump's decision to impose tariffs on numerous countries worldwide. The price responded with a sharp decline. It appears that this marked the beginning of Wave 3 in the downward impulsive decline.
This scenario opens vast potential for downward price movement. The index could drop significantly within the next few weeks. In light of this, it is worth considering the possibility of entering sell trades to capture the movement in the presumed Wave 3 of the emerging bearish impulse.
Investment idea: SELL 18450, SL 19050, TP 16800.
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.
