Happy Thanksgiving, everyone! I hope you're taking today 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 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.
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