Nasdaq triple divergence! Resolve or extension to 28K?Nasdaq 100 IndexTHINKMARKETS:NAS100ThinkMarketsNasdaq hit a record high at 27,500, then reversed completely on a hawkish FOMC, with mixed Big Tech earnings after hours setting up a critical open today. This video maps the rare triple divergence on the chart, the split earnings reactions, and the levels that decide whether 28K is next or 26,250 comes back into play. Key topics covered - Hawkish FOMC reset: The Fed held rates with an 8-4 split, the most dissents since 1992, with CME FedWatch now pricing no chance of a December cut and ~20% chance of a January 2027 hike. - Split earnings reactions: Alphabet and Amazon delivered, but Microsoft and Meta sold off after hours on rising capex, with Wall Street rewarding AI revenue and punishing rising capex. - Triple divergence at 27,500: Price completed an impulsive wave with a rare triple divergence on RSI, with momentum resetting at the 50 line, the same level where a directional decision is forced. Scenarios & trade plan Bullish — extended wave continuation: If the open absorbs the mixed earnings and price breaks 27,500 with momentum, an extended wave opens toward 28K, then 28,900 based on the Fibo expansion. This setup gets invalidated on a daily close below 27K. Bearish — divergence resolves: If Microsoft and Meta weakness drags the open lower and 27,500 holds as the top, 26,250 comes into play, the prior record peak that aligns with the 23.6% Fib. Below that, the 38.2% Fib and the 61.8% Fib open up, but the close needs to confirm.Does today's open extend the 20% one-month rally, or does the triple divergence finally do its job? This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.