#NQ100: SELL 21050, SL 21400, TP 19500 | 03 Junio 2025
03 Junio 2025, #NQ100
No significant changes have occurred with the NASDAQ index recently. After updating the local high and a sharp drop, the price lost momentum and entered a narrow trading range. The upcoming trading week could be pivotal in determining the market’s direction. If the local high is broken, the price could aim for new all-time highs, invalidating the current scenario. However, the main scenario still favors a decline, during which wave (C) of a contracting horizontal triangle is expected to form. Therefore, short positions are still considered the preferred trading strategy. Investment idea: SELL 21050, SL 21400, 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.
