US Nas 100
Short
Updated

Nasdaq Short: Catching a rising knife. Stop loss at 23500.

298
Hi everyone, here I am trying to catch the peak of Nasdaq again. As mentioned, the previous idea was stopped out at 23,320. Now, for this idea, I am attempting another short with a 30 points risk for Nasdaq. The stop for this idea is fixed at 23,500. The take profit is 22,650.

This is a positional trade and I will re-evaluate as the waves unfolds. So the strategy will mainly be trailing the stop periodically.

Thank you and good luck!
Trade closed: stop reached

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