US100 / NAS100 Analysis β€” June 8, 2026

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US100 / NAS100 Analysis β€” June 8, 2026US100SKILLING:US100FxBrokerSignalsπŸ“‰ What Just Happened? The US100 (Nasdaq 100) just experienced a sharp and aggressive sell-off β€” dropping from the 30,800 resistance zone all the way down to 28,800, wiping out weeks of bullish momentum in just a matter of days. πŸ“Š Why We Expect a Bounce 1. Price Hit a Major Demand Zone The 28,800 level is a historically significant support that previously acted as a launchpad during May's entire bullish rally. This is where serious buyers tend to step in. 2. Multi-Level Support Confluence Four clearly defined horizontal zones were marked on this chart β€” and price has now returned to the lowest, most significant one. The more times a level is tested and holds, the stronger it becomes. 3. Sharp Sell-Off = Overextension The recent drop was nearly vertical β€” a sign of panic selling rather than structural breakdown. Overextended moves like this often result in sharp recoveries as bargain hunters absorb the supply. 4. Staircase Structure Still Intact Despite the drop, the overall staircase structure of higher lows remains in play on the broader timeframe. This pullback could simply be resetting price before the next leg higher. 5. Red Arrow Signals Reversal Expectation The upward arrow from the 28,800 zone targets a recovery back toward the 29,700–30,200 area β€” aligning perfectly with the broken structure zones above, which now act as resistance to reclaim. 🎯 Trade Idea (Educational) Bias: Bullish Bounce Watch Zone: 28,800 – 28,900 Target 1: 29,700 Target 2: 30,200 Invalidation: Clean close below 28,600 ⚑ Bottom Line The Nasdaq just hit a critical support level after a brutal sell-off. The chart is screaming one thing β€” watch this 28,800 zone carefully. A confirmed bounce here could offer one of the cleanest long setups of the month. Are you buying the dip or waiting for confirmation? Drop your thoughts below. πŸ‘‡ #NAS100 #US100 #Nasdaq #TechnicalAnalysis #ForexSignals #Trading #USTech #MarketAnalysis #TradingView #StockMarket