NASDAQ 100 Sinks on AI Cost Woes - Full Target Breakthrough HIT!

NASDAQ 100 (NDX) Analysis using Risological Swing Trader:

In the 15-minute timeframe, NASDAQ 100 (NDX) demonstrated a powerful bearish move, with all targeted profit levels being achieved in a swift drop. This short trade setup showed significant follow-through as investor sentiment shifted negatively due to concerns over escalating AI expenses reported by Wall Street's megacaps.

Key Highlights:
  • Entry Level: 20,429.42
  • Target Levels:
  • TP1: 20,323.94
  • TP2: 20,153.26
  • TP3: 19,982.58
  • TP4: 19,877.10
  • Stop Loss: 20,514.76


Context:
This bearish momentum aligns with Wall Street’s close on a lower note as major tech giants highlighted rising costs linked to AI developments. The day's range fluctuated between 19,880.26 and 20,227.19, underscoring the volatility and risk aversion among investors. The setup capitalized effectively on this negative sentiment, reinforcing the bearish outlook.

Summary:
This trade on NASDAQ 100 hit all targets with precision, benefiting from the broader market's reaction to heightened cost pressures in the tech sector. This downward move underscores the impact of macroeconomic concerns on equity performance, particularly in high-cost sectors like AI.
Chart PatternsTechnical IndicatorsNASDAQ 100 CFDnasdaqnasdaq100NASDAQ 100 CFDNASDAQ 100 CFDndxcrashndxshortndxsignalsndxusdTrend Analysis

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