Priceade13

Bearish Friday, time to short the NAS. INTRADAY trading

Kort
FX:NAS100   NASDAQ 100 CFD Cash
Guys, we are still on a bearish trend. Mon to Thursday this week have shown weaknesses whenever the market attempted to make new highs. The up-side-down U turn from yesterday's session further supports this. I guess the play today is market retests the 11,020 level, then dumps hard down towards last week's low.

REMEMBER: Wait for the retest at 11,020 then short when you see a bear candle pattern.

2nd thing to remember: always make the loss small, but keep the gain big

May the market be with you today.

The Bear Trader

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