NAS100 – Triple Top or Last Push? Reversal Zone Identified!

We’re now testing a massive supply zone on NASDAQ 100 around 21,124, and history tells us this level is not friendly to bulls. Look closely — this could be the start of a major reversal.

Here’s what matters:

1. Triple Top Structure Forming
We’ve hit this level three times since March with strong rejections. This signals distribution, not continuation.

2. Reversal Risk is High
Rejection from this zone could see price cascade down to:

17,662.1 – First demand and structure break zone

14,118.6 – Major volume base and untested demand


3. Bearish Divergence & Context
Momentum is dying, while price tags the same highs. Combined with macro uncertainty (AI bubble? Fed tightening?), smart money might be unloading.

4. Best Play?
Short setup from the supply zone with clear invalidation above ATH.
Target: 17,600 / 14,100 for the patient traders.

Trade Idea (Not Financial Advice):

Short Bias: Below 21,200

Entry Confirmation: Bearish engulfing on daily

Stop Loss: Above 21,400

Take Profit: 17,662.1 / 14,118.6


Chart says it all – Bulls in Trouble?
What’s your bias here – SHORT or LONG?
Smash the LIKE if this chart helped. Comment your view. Follow for daily setups!