NASDAQ – 12H | Bearish Bias, Major Structure Break (BOS)US Tech 100TRADENATIONSB:USTECKwaggaRobertse📍USTEC // Overall Bias: Bearish Current Price: ~28,135.8 📍 Key Levels - Confluence/BOS zone: 28,400–28,800 (prior support, now flipped resistance) - FVG - BIAS Invalidation zone - EQ: 26,777.0 - Fib 61.8%: 25,825.0 🔍 Analysis - Major bull structure broken — BOS confirmed below confluence zone - Price rejected the retest, holding below the flipped resistance - Only invalidation: candle body closes above the FVG, flipping it into a bull breaker block - Structure favours continuation lower toward EQ and 61.8% while below BOS - Primary view: breakdown holds, bearish continuation resumes toward EQ/61.8% 📉 Downside Targets - TP1: 26,777.0 (EQ) = DISCOUNT - TP2: 25,825.0 (61.8%) 🧭 Trade Plan - Bias: Bearish (primary, major structure break) - Invalidation: only on candle body close above FVG (flips bull breaker) - Fundamentals: inflation fears resurging, - Oil-driven CPI risk pushing Fed hike odds up sharply this week - Event risk: FOMC Wed July 29 — - Hike probability has risen fast, no longer a clean "hold" consensus - Tech sector vulnerable: - AI-driven rally showing cracks on earnings (Alphabet, Tesla) plus rate sensitivity Not financial advice — for educational/analytical purposes only. Kwagga