#NQ100: SELL 21200, SL 21450, TP 20000 | 22 May 2025
22 May 2025, #NQ100
The last trading day saw no major changes for the NASDAQ index. Buyers have failed to extend the rally and seem to be gradually yielding momentum to the sellers. The current wave structure suggests the formation of a large contracting triangle. Wave (a) has already formed, and wave (b) is likely complete. If this is the case, the next downward movement could be the start of wave (c) within the triangle, making current levels attractive for entering short positions. Investment idea: SELL 21200, SL 21450, 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.
