Selling Opportunity ahead if the index is able to close below the trendline in a 5min time frame. If the Index is able to close below the trendline we will advise to sell.

Currently the Index is trading below the EMA which in itself is a trading signal.

The Index closing below the trendline will get another confirmation on the sell side.

The DMI- is trading above DMI+ which suggests a negative direction and the ADX has just crossed the DMI+ which suggests strength in the direction.

The Index is trading below the MA of BB once the close penetrate below the Lower band we will get another confirmation.

Advice : Sell when the Index close below the Trend Line

NAS100

Dec 28 2021