NAS100 Price Outlook – Trade SetupUS Tech 100CAPITALCOM:NAS100ATFX_Global🌐Macro Background The Nasdaq 100 Index posted its best single-day performance in three weeks on Tuesday, driven by strong buying interest in key semiconductor stocks at the heart of the artificial-intelligence trade. Market gains occurred despite a re-escalation in U.S.–Iran geopolitical tensions, though market participants remain cautious as broad risks persist. Earnings Catalyst Ahead: The rally faces a critical test this week with major tech earnings on deck: Alphabet (GOOG) and Tesla (TSLA) report after the market close on Wednesday, and Intel (INTC) reports on Thursday. Wall Street is focused on whether heavy capital expenditure in AI is successfully translating into bottom-line earnings growth to justify current market valuations. 📊Technical Structure US100 is moving within a short-term ascending channel following a sharp recovery. Resistance Zone (29,236 – 29,430): The index is currently consolidating just beneath a major overhead supply zone. Support Zone (28,412 – 28,610): The lower key demand area sits between 28,610 and 28,412, aligning with the recent consolidation lows. 🎯Trade Setup Scenario A: Bullish Breakout Continuation (Buying on Strength/Retest) Entry Trigger: A confirmed 4-hour candle close above 29,236 (or a successful retest of 28,800 – 28,900 at the channel support). Scenario B: Bearish Rejection (Selling on Supply Test) Entry Trigger: Rejection signals around the 29,236 – 29,430 Resistance Zone or a downside break of the ascending channel lower boundary. ❌Invalidation Bullish Invalidation: A sustained 4-hour breakdown below 28,412 invalidates the short-term recovery structure, exposing the market to deeper downside risks toward 28,200. Bearish Invalidation: A decisive 4-hour close above 29,430 invalidates any short-term bearish pullback setups. 📝Trade Summary NAS100 is consolidating within an ascending channel toward the 29,236–29,430 resistance zone, while a failure to hold channel support at 28,800 risks a pullback to 28,610–28,412. ⚠️Disclaimer This analysis is for reference only and does not constitute trading advice. Financial markets involve significant risk; proper risk and position management are essential.