Nasdaq-100 Index (US100) Your Trading Plan For Today

٢٩ يوليو ٢٠٢٢

This morning with my students we spotted a very bearish setup on US100.

The price reached a key daily structure.
Analyzing the reaction of the price to that on lower time frames, we spotted a double top formation on 1H.
Our confirmation to short is its neckline breakout. We need an hourly candle close below 12850.
Target will be 12688.

If the price sets a new high, the setup will be invalid.

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