Preparation and script for the Nasdaq 100 H1 cash sessionUS NDAQ 100 - CashCMCMARKETS:NDAQ100Przemyslaw_BlachutOn the H1 timeframe, the price has been moving within a downtrend channel from the all-time high to the present (with a brief upward breakout yesterday, but it quickly returned to the channel overnight, which is bad news for the bulls) Bulls: will definitely want to hold the current lows and bounce back up toward resistance—the green lines on the chart indicate the range of movement. Bears: will try to push the price down to the lower side of the channel; the red lines indicate the range of movement, and support levels are marked horizontally.