#NQ100: SELL 21000, SL 21500, TP 19500 | 28 May 2025

28 May 2025, #NQ100

#NQ100: SELL 21000, SL 21500, TP 19500

The index is not being allowed to fall significantly, even though the initial conditions were favorable for sellers. The price initially dropped sharply but was quickly bought back. There is reason to believe that the first impulse wave of a developing bearish movement has completed. The sharp rebound is likely a corrective wave, suggesting the price may rise for a while before resuming its decline. The current situation is still viewed as a zigzag forming wave (c) of a contracting horizontal triangle. For this reason, entering short positions remains the most promising trading strategy. Investment idea: SELL 21000, SL 21500, 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.
Bob Stan
Close
Login