NASDAQ: Could turn into a free fall towards mid-terms.NASDAQ 100 IndexNASDAQ_DLY:NDXInvestingScopeNasdaq is strongly bearish on its 1D technical outlook (RSI = 35.113, MACD = -413.670, ADX = 38.518) and nothing seems technically able to stop this sharp pullback until it tests the 1W MA50. Even then, that may not hold, as it broke in March, before the war ceasefire news halted the correction and then a series of impressive tech earnings fueled the rally. The index however hasn't testes its 1W MA100 since April 2025 and inside this 4 year Channel Up, it would be an ideal reset before a 2027 rally. We expect the marke to continue falling towards the mid term Elections (TP = 24,300). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##