Will Nasdaq retrace?US Tech 100 CFDWHSELFINVEST:USTECH100CFDStanislav_Bernukhov_ExnessUSTEC (Nasdaq 100): Tactical Long to 30,500 Before Key Macro The Setup: Last Friday’s strong NFP and surging bond yields triggered a sharp 5% intraday drop. However, USTEC quickly bounced off its 20-day MA, and volatility began to cool. Statistically, such deep red days within a strong uptrend signal a pullback/consolidation rather than a trend reversal. Target: 30,500 area The Narrative: The correction seemed to be rather healthy — semiconductor stocks finally flushed out their parabolic rallies, returning Nasdaq quotes to reasonable levels. There are no structural negative drivers to break the market right now. Moreover, with a massive cluster of news ahead, investors usually prefer the sidelines, which naturally suppresses volatility and supports a local bounce. Key Triggers This Week: Wednesday: US CPI Publication — fresh inflation data. Thursday Night: SpaceX IPO — a historic tech debut that could boost risk-on sentiment. Next Week: Fed Decision. The main intrigue is the policy of the new administration and Kevin Warsh’s first press conference as Fed Chair (Yahoo Finance). Risk Warning: The market remains fragile. US Bond Yields are still under pressure, keeping downside risks alive for the medium term. This pullback might be temporary. Keep a close eye on Wednesday's CPI and Thursday's SpaceX IPO. What are your thoughts on 30,500?