This pull back may go deeper, but short term 6960-6980 is a resistance on the 4H (support on daily).
If you consider playing a swing short, wait for 4H Kijun retest, and try to sell it around 5765-5785 zone.
Also keep in mind, that daily setup is still bullish. I think a major top building has started (pls check weekly setup to see Heikin-Ashi signals there), and we are ahead of a more volatile, choppy period, which eventually will end in lower price for Nasdaq100, but you must pick good risk / reward entry points at good time, not to get shaken out of your positions.
Risk management is the alfa and omega of trading!
Good luck!
If you consider playing a swing short, wait for 4H Kijun retest, and try to sell it around 5765-5785 zone.
Also keep in mind, that daily setup is still bullish. I think a major top building has started (pls check weekly setup to see Heikin-Ashi signals there), and we are ahead of a more volatile, choppy period, which eventually will end in lower price for Nasdaq100, but you must pick good risk / reward entry points at good time, not to get shaken out of your positions.
Risk management is the alfa and omega of trading!
Good luck!
