#NQ100: NQ100: SELL 20650, SL 21300, TP 19500 | 30 May 2025
30 May 2025, #NQ100
The index continues to steadily climb upward, closely approaching the local high. If this trend continues, the scenario involving the formation of a contracting horizontal triangle may be invalidated, and the wave structure will need to be revised. For now, we continue to wait for a downward move. A signal to enter short positions remains the breakout below the local low. However, this may not happen soon, so for the time being, it’s likely best to observe from the sidelines. A pending sell stop order can be used to avoid missing the expected downward move. Investment idea: SELL 20650, SL 21300, TP 19500.
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.
