NASDAQ: Correction towards Fair Value Zone & 200 EMA ahead?US 100 IndexFX:NAS100CH_IndicatorDescription: On the daily chart of the US100 (NASDAQ), an interesting setup is forming for a potential corrective scenario. Key Factors of the Analysis: Bearish RSI Divergence: While price has printed higher highs (dashed red trendline on price), the RSI indicator is displaying lower highs over the same period (dashed red trendline on RSI). This bearish divergence signals fading upside momentum. Fair Value Zone Target: If the pullback accelerates, a prominent Fair Value Zone around 29,800–30,000 points serves as the logical downside target. Confluence with 200 EMA (Daily): The dynamic support of the 200 EMA daily continues to slope upwards and aligns nicely with the Fair Value Zone to provide strong confluence. Conclusion & Trade Idea: A correction into the Fair Value Zone near the 200 EMA would represent a healthy pullback within the higher-timeframe structure. I will be looking for price action signals around this support area for potential new long setups. Risk Disclaimer: This analysis is for educational and informational purposes only and does not constitute financial advice or a trade recommendation. Trading carries significant risk of financial loss.