NAS100 - BullishUS Tech 100 CashIG:NASDAQHmHTradePrice is compressing in a triangle following the ~33% rally off the March lows — lower highs from the June peak near 30,800 pressing into flat support around the 28,900–29,000 zone. This is consolidation, not distribution: the higher-timeframe bullish structure remains intact. Macro supports continuation — June CPI printed 3.5% vs 3.8% expected, taking a July hike off the table (~84% hold odds) and keeping the risk-on backdrop alive. No entry inside the compression. Wait for a confirmed bullish break of the descending trendline on a closed candle — or a sweep of range support and reclaim — before taking the long.