NAS100: Flag forming. RSI sell zone. MACD bearish. ShortUS 100 IndexFX:NAS100Elibri_Eugen📉 Technical Picture (H1): Flag: Bear flag forming on H1. Breakdown expected soon. RSI: In sell territory. Momentum bearish. MACD: Lines pointing lower, histogram sloping down. Sellers in control. 🗞️ Fundamental Note: Semis roared back Tuesday — Philadelphia Semi Index +5.2%, Micron +12.2%. But the rally is conditional. Alphabet earnings are the real test: $180–190B capex guidance needs cloud growth and free cash flow to justify it. Moonshot's Kimi K3 open-weight model adds pricing pressure on premium AI models. Chip demand may stay strong, but the economics of AI spending are under the microscope. Alphabet's reaction matters more than the print.