$NASDAQ BEARISH MOMENTUM AS TECH SECTOR WEAKENS
NASDAQ is showing broad-based weakness as major technology stocks continue to decline, confirming increasing selling pressure across the sector. The structure indicates lower highs forming with momentum fading after repeated rejection from resistance zones. If weakness continues below key support levels, further downside expansion is likely in the short term.
Short Entry: 18,600 – 18,850
TP1: 18,200
TP2: 17,900
TP3: 17,500
SL: 19,200
Risk Management: Risk only 1-2% of total trading capital per trade. Book partial profits at each target and move stop loss to breakeven after TP1 to protect capital.
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