NAS100 |The Bull Market Took Its Breath — Now It’s Ready to Run Nasdaq 100 IndexTHINKMARKETS:NAS100ibraheeemzIn my previous NAS100 idea, I asked: “Every Bull Market Breathes... But How Deep This Time?” Well… we now have the answer. 👀 The correction reached the Watchout Zone I had marked previously, found support, formed a potential Higher Low, and started turning back up. Now the structure is changing again. 🔥 📈 The correction appears to be over We now have a very clean sequence: • 🟢 Bullish impulse ( POLE) • 🔄 Correction / consolidation (FLAG) • 🟢 Higher Low established (near Golden Pocket zone marked previously) • 🔥 Resistance turned support • 🚀 Bull Flag breakout The breakout of the flag is important because it suggests the corrective phase may have transitioned back into trend continuation. And this time, the dip was not something to fear — it was the area to watch. 🎯 But there is ONE major test ahead The previous Higher High / ATH around 30,794. This is where the bulls need to prove themselves. A clean breakout above ATH, followed by sustained acceptance, would significantly strengthen the bullish continuation thesis. If that happens, the measured target of the bull flag comes into focus around: 🎯 37,500–37,600 📊 The roadmap Rather than treating 37.6K as one distant target, I've divided the move into progressive checkpoints: 🔹 30.8K — Previous HH / ATH 🔹 32.6K — Fib checkpoint at 0.38% 🔹 33.6K — Fib checkpoint at 0.5% 🔹 34.5K — Fib checkpoint at .618% 🔹 35.9K — Extended checkpoint at 78.6% 🚀 37.5–37.6K — Bull Flag measured target These intermediate levels are not separate predictions. They are simply potential areas for consolidation, reaction or partial profit-taking on the way toward the larger measured move. 📐 Why the Fibonacci levels? The bull flag measured move remains the primary target. I'm using Fibonacci ratios from the flag breakout toward that measured target to create progressive checkpoints. So the hierarchy is: Bull Flag → Measured Target = Primary Objective Fibonacci levels → Progressive checkpoints / trade management I find this much more useful than having only one distant target on the chart. ⚠️ What could change the story? A breakout doesn't automatically mean “straight up.” NAS100 can still pull back and retest the breakout. The important level is the newly reclaimed resistance-turned-support zone around ~29K. As long as the breakout structure holds, the bullish thesis remains intact. 🐂 The Bigger Picture The first post was about how deep the correction could go. The market answered by finding support in the zone we were watching. Now the question has changed: Can this Higher Low become the launchpad for a new ATH and the next major leg higher? For now, the structure says: Correction ✅ Support held ✅ Higher Low ✅ Bull Flag breakout ✅ ATH ahead 🎯 Now comes the real test. 30.8K. If the ATH breaks and holds... 🚀 The next leg of the bull market may have already begun. Not financial advice. Technical setup based on market structure, price action and probability.