A truly difficult context for American Tech. The Nasdaq 100 has dropped by more than 10% since the beginning of the year, in the wake of the increasingly hawkish declarations of the Fed. The American Central Bank is now solely focused on fighting inflation and this translates into an end of QE and a rise in rates. The market already discounts 5 in the year: a very difficult scenario for American techs. US inflation turned out to be stronger than expected at 7.5%. The index moves back towards the key support at 14,000 points.

There are certainly several ways to invest in US tech. In this column, we offer you a graphical analysis on the Invesco QQQ Trust fund and, as a tool to ride the megatrend, the Leverage Share ETPs with which it is possible to leverage both long and short. From a technical point of view, the short and medium-term uncertainty on the index is growing, so targeted short-term operations are recommended. In this, leveraged products can help us and make a difference. We had highlighted the levels for both a long and a short pending US inflation data. The index has taken a downward direction, although to open the SHORT, it is better to wait for the break in strength (therefore with volatility and at the end of the session) of the 14,000 points of Nasdaq, equal to $340 of the QQQ Trust ETF.

We recommend a SHORT strategy on US technology on the break of $340 at closing by buying the Leverage Shares Tech 100 -3X ETP (ISIN: XS2399364319). The first target is at $320 and then at $300. Stop loss should be at $350.