Signal US100 Sell — M15 - July 15, 2026 08:02 GMT-4
The Nasdaq 100 on M15 timeframe shows a clear downtrend characterized by lower highs and lows, with recent consolidation near 29740 failing to sustain bullish momentum. The close at 29739.7 marks a bearish break below critical support, suggesting a potential continuation of the decline. Price action reveals a strong bearish bias as the recent low aligns with a key support level, while decreasing volume during the consolidation phase indicates weakening buying pressure. The formation of a bearish candlestick pattern, coupled with a shift in momentum, validates the sell signal. The entry near 29733.45 coincides with a price retracement to the…