#NQ100: SELL 21850, SL 21950, TP 20900 | 09 June 2025

The NASDAQ index shows little intention of entering a corrective phase, instead continuing its steady climb. This suggests that the previously observed zigzag may have been wave 4 within an impulsive upward structure. Currently, the market appears to be in wave 5 of the larger impulse. Within this fifth wave, wave 3 is likely completed, indicating a potential start of a correction. This upcoming correction is expected to be shallow in price, but prolonged in time—likely forming a sideways structure. With that in mind, short positions could be considered to capitalize on the anticipated wave 4 pullback. Investment idea: SELL 21850, SL 21950, TP 20900.