#NQ100: SELL 20400, SL 20700, TP 17800 | 14 May 2025

The start of the trading week was favorable for buyers, with the market opening with a gap and continuing to rise without filling it. This was anticipated, and intraday targets were quickly met. However, the current wave scenario suggests a reversal and the beginning of a downward movement. This would be due to the completion of wave (b), which is part of a contracting horizontal triangle. The expected decline would therefore unfold as wave (c). That said, the ongoing upward movement still has a bit of bullish potential left. It’s possible that the price may slightly update the local high before turning downward. For this reason, it's not advisable to rush into short positions at current market levels. Instead, selling opportunities should be considered when the price returns to the recent gap area. Investment idea: SELL 20400, SL 20700, TP 17800.