Is the Nasdaq 100 going to collapse soon? I studied the chart using the supply/demand zones theory where I found that the Nasdaq has broken down from the sellers zone and the retracement zone without any real form of buying yet. Maybe there was some short covering and that's about it. Looking at the strength of the sellers, it seemed as though that the market has more room for correction before a real rebound might materialized. Traded like $11,622,620 USD with cautious and I need to be extra careful with my future trades.
