Forex Trading Strategies : Wait for a SHORT on NASDAQ100 Near 16,000

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  • Forex Trading Strategies : Wait for a SHORT on NASDAQ100 Near 16,000

The Nasdaq 100 market looks like it still has little more to fall before we see a substantial push back up. 


Since the market does get a lot of "fed support", it would be a safe bet to Long the NASDAQ100 to near 16,000, however we need to find the right timing to enter.

Today is a big day at the time of writing, lots of news coming out, and most importantly the Fed meets today at 14:00 EST time to discuss Interest Rates, followed by a press meeting at 14:30 - so expect a lot of turbulence today.


Overall the big fall is in progress as per my previous analysis... the Tech market (Nasdaq100) should get hammered throughout this year and into next year. 


I'm expecting Nasdaq down to 9000-11,000 level at least. 


There will be several pushes up during this time, but overall, as per my previous analysis, the markets will most likely get hammered.

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  • 26 Jan 22
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NASDAQ 100

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