The Expert's Guide to The NDX sell you have been waiting for

Good day traders!

We're looking at a potential sell setup for $NASDAQ 100(NDX)$ 

And this is why:

1.) From the beginning of August 2022 to the present, the price has been in a descending trend on the Daily chart.

2.) There may be some opportunities for a sell entry at the 11439.38 level, which is the intersection of the -27.2% Fibonacci expansion line and the 23.6% Fibonacci line.

3.) Stop loss will be placed at 12062.52, slightly above where the 38.2% Fibonacci line is located.

4.) Take profit will be at 10408.41 where the 0.786 Fibonacci projection line and 127.2% Fibonacci extension line are.

Is there anyone else who believes the same way?

Trade Entry recommendations:

Sell Entry: 11439.38

Take Profit: 10408.41

Stop Loss: 12062.52

Other tickers to recommend:

For 5x Long Leverage: $Nasdaq 5xLongSG240425A(CZFW.SI)$ 

For 5x Short Leverage: $Nasdaq 5xShortSG240425(CXEW.SI)$