NASDAQ Time to correct hard until it reaches this level again.NASDAQ 100 IndexNASDAQ_DLY:NDXTradingShotExactly 6 months ago (June 20, see chart below), we posted the following analysis on Nasdaq (NDX), which helped us ride the rally following the April 07 2025 market low: The reasoning behind this was that Nasdaq's low was on its 3W MA50 (blue trend-line), a key Support level which since 2009 and the start of the market's dominant multi-year Channel Up following the 2008 Housing Crisis, has offered 5 perfect long-term buy entries upon contact, only breaking once during the 2022 Inflation Crisis. Now that the 3W RSI is displaying a Lower Highs Bearish Divergence (against the price's Higher Highs) that has been formed on another 3 prior Cycle Tops, we expect the market to start reversing soon for another cyclical correction. Technically another Bearish Leg for the dominant Channel Up. Naturally, we expect it to reach at least the 3W MA50 again. Based on its trajectory, it is possible for contact to be made around 20500. Keep in mind again that absolute pricing isn't the important thing here, timing is. The most optimal time to buy based on this high accuracy model, is upon contact with the 3W MA50, regardless of the price it is at, so don't get fixed on 20500, but it is a fair projection based on the trend. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇