#NQ100: SELL 21300, SL 21500, TP 19800 | 21 May 2025
21 May 2025, #NQ100
The NASDAQ index continues its persistent attempts to climb higher. So far, buyers have succeeded — the recent decline was quickly reversed, resulting in a minor but notable new high. Despite this, the situation is still viewed as a corrective zigzag pattern, currently forming wave c. A new downward movement is expected soon, marking the beginning of wave (C) of the anticipated contracting triangle. Therefore, short positions are recommended — either from current levels or, more conservatively, upon a break below 21030. Investment idea: SELL 21300, SL 21500, TP 19800.
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.
