#NQ100: SELL at 21500, SL 21650, TP 20000 | 19 June 2025
19 June 2025, #NQ100
During the current trading session, the Nasdaq 100 index failed to surpass its previous local high, which may signal the completion of the suspected ending diagonal pattern. This keeps the previously considered bearish scenario valid.
If this is correct, the price should soon reverse from current levels and begin forming a new wave cycle to the downside. This move could potentially develop into a substantial correction, so traders should prepare for a deeper decline.
Short positions are recommended upon confirmation of a break below the local low near 21500.
Investment Idea: SELL 21500, Stop Loss: 21650, Take Profit: 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.
