#NQ100: SELL 20850, SL 21050, TP 20000 | 27 May 2025

27 May 2025, #NQ100

#NQ100: SELL 20850, SL 21050, TP 20000

The wave pattern for the NASDAQ index continues to unfold in line with the earlier forecast. The previous upward movement appears to be a completed simple zigzag, interpreted as wave (b) of a contracting horizontal triangle. If this assumption is correct, the current decline is the beginning of wave (c) of the triangle. The potential for this movement looks promising enough to justify active short-selling. Investment idea: SELL 20850, SL 21050, TP 20000.


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.
Bob Stan
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