UPDATE: USTEC100 ready to rally through stratosphere to 24,936 US Tech 100TRADENATIONSB:USTECTimonrossoUSTEC100 is priming itself for some great upside on the daily. Which means investors are piling into stocks which will drive the prices up and send the index through the stratosphere. The technicals are very basic, W Formation - Price broken above the 20MA and 200MA and above the neckline. And so we can easily see the target of 24,936. 🚀 Fed easing hopes → Softer inflation + weak PPI/PPI data raise chances for interest rate cuts, which tend to boost growth/high valuation tech stocks. 💡 AI & innovation tailwinds → Big tech companies keep delivering in AI, semis, cloud etc., giving strong fundamental support. 📈 Strong technicals / trend structure → Price breaking past resistance zones, holding trendline support, indicating bulls are stepping in. 🌍 Risk-on sentiment & dollar weakness → When investors are more willing to take risk (and the USD softens), tech tends to benefit more. ⏳ Pullbacks seen as buying opportunities → Dips have been shallow, and support zones are holding, giving room for further advance. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.