Happy Thanksgiving week, everyone! I hope you’re taking this week to spend time with the ones you cherish, remember everything you’re thankful for and eat a tremendous amount of food!
Right now I’m thankful with how the Nasdaq 100 looks to be setting up for a bearish trend… and it just so happens that I tend to make a surprising amount of money during trends like these.
But my Live Trade Profit subscribers keep asking me if the Nasdaq is going to fall while in the bear’s territory.
I’m anticipating a slow-running Thanksgiving week on the stock market, so I’ve been keeping a close eye on my chart.
Last week, I went over how we could see a possible $20,000 Nasdaq 100 trade setup. This follow-up is on a possible reversal of this trade if things begin to fall apart.