NASDAQ: The Structure Never Changed, Neither Did the TargetUS Nas 100OANDA:NAS100USDAkeelahTradersGood afternoon, Traders. Almost a month ago, we identified something on the Daily NAS100 chart that immediately changed the way I was looking at this market. On June 10, the NASDAQ gave us a Daily Break of Structure DOWN when price closed below the prior Daily Demand Zone around 28,575. From the way I teach and trade, that wasn't just another bearish candle. It was the market telling us that buyers had lost control of the larger Daily structure. Once that happened, my expectation immediately shifted away from new highs and toward lower institutional targets. See my previous post from June 30 here: One of the biggest misconceptions in trading is that once the market breaks structure, it should immediately collapse. That's usually not how institutions operate. They still need liquidity, which is why I teach that a Break of Structure is often followed by a fake-out move back in the opposite direction. That fake-out isn't random...it gives institutions a better price to continue building positions, and if you don't know that, then you will be one of the "suckers" that fall for their trick. That's exactly what we watched happen as price rallied back into the Daily BOS Supply Source between approximately 30,200 and 30,750, where sellers stepped back in and rejected price once again. People chased that fake rally back up and thought that new highs were surely coming...UH, WRONG! See my update post here from July 9: Here's the part I really want traders to understand. The target never changed. From the day that Daily Break of Structure occurred, my first downside objective has remained the Daily Fair Value Gap between 26,280 and 26,920. It didn't matter what the option chains were suggesting. It didn't matter what the latest inflation report or Fed commentary said. It didn't matter whether the market rallied for a few days. As long as the Daily structure remained intact, the destination remained the same because the structure determines the target. You HAVE to get this! Whether you trade options, CFDs, Futures, or anything else, this is how the market moves! Over the past several weeks, we've simply watched the market follow that roadmap. The fake-out rally reached the area we expected. Sellers defended the Daily BOS Supply Source exactly where structure suggested they would ($30,200 - $30,700). Now the Daily Demand Zone around 28,575 has failed AGAIN, and price is moving toward the same Daily Fair Value Gap we've been discussing since the beginning. Now, can the market bounce from that Fair Value Gap? Absolutely. Markets don't move in straight lines, and that area could produce a meaningful reaction. But if buyers fail to defend that imbalance, then my attention shifts to the larger Daily Demand Source between 23,750 and 24,580, which has been the next institutional target on my chart from the very beginning. While many traders have spent the last month chasing headlines, watching option chains, debating interest rates, or reacting to every news cycle, the market has been quietly following the same structural roadmap it gave us weeks ago. That's why I continue to emphasize learning to READ market structure instead of reacting to market emotion. Most of the time, those headlines you're watching usually just explain what we already knew would happen. Trade what you SEE. Not what you THINK. Follow us here at @AkeelahTraders for more detailed market reviews. I'd love to hear your thoughts.