US100 Not yet ready for ATH - Structural Breakdown

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Here’s a detailed breakdown of the US Tech 100 - NASDAQ on the daily chart and why a lift off to ATHs may not be in play just yet.

✅ Key imbalance zones mapped out
🔻 Expecting downside clean-up before upside continuation
📊 FVGs & inefficiencies stacked below = high-probability revisit zones

If you’re trading NASDAQ, this map could be your cheat sheet before price makes its real move.

The market is respecting the ascending channel, but I’m expecting a cleanup of inefficiencies stacked below before any major continuation. Keep an eye on the key zones marked — price may revisit these areas for liquidity.

📉 Possible short-term correction
📈 Bias still bullish, but not without some pain first

Happy Trading !

Penafian

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