#NQ100: SELL 20,890, SL 21,300, TP 20,300 | 27 Febrero 2025
27 Febrero 2025, #NQ100
Over the past period, no significant changes have occurred with the trading instrument under consideration. The index is confidently moving in one direction, having broken through the lower boundary of the channel. Only after this event did buyers show any reaction. At the moment, they are attempting to somehow remedy the situation, but they will only achieve a short-term halt.
Further decline in price is expected. This is due to the development of Wave 4 in the emerging upward impulsive movement.
For this reason, it is advisable to continue considering sell trades as the most profitable trading option. Trades should be opened when the current local minimum, passing through the value of 20,890, is updated.
Investment idea: SELL 20,890, SL 21,300, TP 20,300.
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.
