NASDAQ 100: Relief Rally Heading for the 30,041 Magnet?US Nas 100OANDA:NAS100USDTrade-LeanThree things on the Nasdaq 100 chart tonight. 1. The low held exactly where it should Last week's range gives this week's map: high 29,958.2, low 28,841.0, close 29,019.9. Weekly pivot 29,273, S 0.382 at 28,846.3. Friday's low of 28,841 was 5 points under S 0.382. Since then: +2.9%. 2. The bounce has already cleared the pivot Monday closed back above 29,273, and today it pushed through the R 0.184 zone and tagged 29,746.5, just above R 0.382 at 29,699.8. It's trading around 29,660 now. 3. There's a magnet overhead The weekly R 0.702 zone runs from 29,963 to 30,151, and the October monthly pivot sits inside it at 30,041. Two different maps pointing at the same area is the kind of confluence price tends to visit. Base case: a dip toward R 0.382, then a push into 29,963 – 30,151 this week. Wrong if: a 4H close back below the weekly pivot at 29,273. To be clear, this is a short-term relief move inside a month where I'm still cautious on the S&P 500 and Apple. 30,041 is where the bigger picture gets tested. Does the Nasdaq reach 30k before the Fed on Wednesday? Let me know. Chart: NAS100USD, OANDA. 4H candles, weekly pivots only. The arrow shows a conditional scenario, not a guaranteed price path. For education only. Not investment advice.