NASDAQ NAS100 Analysis: Waiting for THIS Pullback To CompleteUS Tech 100 IndexFUSIONMARKETS:NAS100fxtraderanthonyNAS100 🌍 The macro narrative heading into this week is dominated by a high-stakes tug-of-war between stellar corporate earnings and a cooling geopolitical risk premium 🏦. While the relief rally following reports of de-escalation in the Middle East has propelled the index to fresh record highs, market chatter suggests that the "easy money" on the long side has likely been made for the short term. Interestingly, general online sentiment is heavily leaning bullish, with retail participants chasing the breakout past the 27,000 mark. We are seeing a classic Markup Phase in Wyckoffian terms, characterized by aggressive vertical price action and shallow pullbacks 📈. However, looking at the H4 structure, the slope of the recent ascent is becoming parabolic, and widespread community chatter is calling for an "infinite moon" scenario, which tells me retail is likely being trapped at these local peaks. From a Dow Theory perspective, we are maintaining a series of higher highs and higher lows, but the current expansion is stretched significantly from the Weekly Open. Institutional players look to distribute into the retail buying frenzy. We have been trading at the top of the range, effectively in price discovery mode. I am looking for this pullback to find support and break the structure, turning bullish at a key point of interest, and then I'll be looking to get long 🧹. If we see a Break of Structure (BoS) on the lower timeframes followed by a successful retest of that value area, it provides the high-probability entry signal required to join the primary trend with a defined risk-to-reward ratio.