NAS100 - Bulls Break Out, Aims New HigherUS Tech 100CAPITALCOM:NAS100AuricVerse_HQHi traders, are you expecting a retest before the Nasdaq continues its upward move? The NAS100 has just broken out of the consolidation zone around 29,700–29,900 and is currently still holding above the Ichimoku cloud. For me, this breakout is still quite strong, but after a rapid increase, a pullback to the broken zone would be much better than chasing the price around 30,000. If 29,700–29,900 continues to be defended by buyers, I still favor a further upward move: 🎯 Target: 30,400 The macroeconomic environment is also favoring the technology sector. The US PPI for July did not increase, further reducing expectations of a Fed rate hike in September; the Nasdaq rose 0.81% in the most recent session, with large technology stocks playing a leading role. I will change my perspective if the H1 chart turns downward and stays below 29,700 — at which point this breakout risks becoming a false break. AURICVERSE View: Momentum still favors buyers. I just want to see the market prove that the breakout zone has actually become support before expecting 30,400. How are you reading this structure? Share your view below.