Nasdaq — Bearish Setup After Upside RetracementUS Tech 100 IndexPEPPERSTONE:NAS100asgharphulpotoNasdaq is currently presenting a potential bearish setup, with price expected to make a short-term upside move before the next downside phase develops. The initial upward reaction will be closely monitored for signs of exhaustion and rejection. If price reaches the identified area and bearish momentum returns, the setup could provide a precise opportunity to position for the anticipated decline. The analysis is based on current market structure, momentum, price behavior, and key technical levels. The focus remains on allowing the market to complete its expected reaction rather than entering prematurely. With the right confirmation, Nasdaq could transition from the temporary upside move into a stronger bearish phase. As always, disciplined risk management and patience remain essential. Bias: Bearish 📉 Initial Move: Upside reaction Expected Move: Downside Execution: Wait for confirmation and precise entry