NAS100 - Range Bound or Breakout?20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Resistance & Support - Dashed Green & Red Lines
Your interest motivates me.
How I see it:
I will look for a short after yesterday's big red candle: Engulfing on Daily TF!
Price can either stay rangebound or breakout below 20000.
A "break and hold" below 20000 will give clear indication of further decline.
Thank you for your time reading, boosting or following my analysis.
I deeply appreciate it.