NASDAQ: Structure breakdown below the 1H MA100.US 100CAPITALCOM:US100InvestingScopeNasdaq is turning bearish on its 1H technical outlook (RSI = 45.241, MACD = 18.790, ADX = 33.341) as it broke the uptrend structure of the past 2 weeks by crossing under both the 1H MA50 and just now the 1H MA100. A break below the S1 level as well would set eyes on the S2 level (TP = 26,120) after potentially a quick rebound on oversold 1H RSI. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##