NAS100 Daily has a clear RSI divergence brace for big drop once . Short 7100 stop 7200
Comment:
RSI divergence was stark and telling. we see sharp reversal.. a bounce now b4 we go down to kiss 200dma
Comment:
Current level has multiple support of Fibs , channel and 200dma.. If borad market can recover then we could see one more rally to form the right Shoulder which is going to be longer term bearish.