NAS100 Preparing for Wave 3 Rally After Healthy Pullback

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NAS100 Preparing for Wave 3 Rally After Healthy PullbackUS Tech 100 IndexPEPPERSTONE:NAS100Money_DictatorsThe NAS100 chart shows that a larger corrective move has likely finished at the (Y) / C low, after which price started a new upward impulsive structure. The recent decline looks like a normal Wave 2 pullback, which has already reacted from the 0.5–0.618 Fibonacci support zone, a common area for corrections to end. This suggests buyers are stepping back in and the market is preparing for Wave 3, which is usually the strongest upward move. As long as price stays above the invalidation level near 23,836, the bullish Elliott Wave setup remains valid. Overall, the structure favors further upside toward new highs once Wave 3 gains momentum. Stay tuned! @Money_Dictators Thank you :)