NAS100: The Bear Case ConfirmedUS Nas 100OANDA:NAS100USDTaxpayerTradesHere is a clean, structured description you can copy and paste directly into your TradingView post to go with that title: Overview The NAS100 (US Nasdaq 100) has officially broken down out of its multi-month Symmetrical Triangle pattern on the daily timeframe. Following a massive bullish expansion earlier this year, this breakdown signals a structural shift in momentum from bullish to bearish. Technical Breakdown Pattern Invalidation: Price has cleanly cracked below the lower ascending support line of the triangle, confirming a bearish continuation setup. RSI Divergence: The breakdown is heavily supported by multiple verified Bearish Divergence signals on the daily RSI indicator. While price was consolidating near the highs, momentum was actively making lower highs. The RSI has now slipped below the 50 level (49.61), opening up room for a deeper correction. Volume & Bias: The path of least resistance is now heavily skewed to the downside as long as the breakdown level holds as new resistance. The Execution Plan (Taxpayer Trades Setup) Entry: Current Market Price (~29,575) Stop Loss (SL): 31,754.6 (Placed above the upper descending triangle resistance to allow the trade room to breathe during potential retests). Take Profit 1 (TP1): 25,894.7 (Targeting major structural support and structural liquidity from late April). Take Profit 2 (TP2): 21,894.6 (Extended target evaluating a full retracement back to the early 2026 support floors). Risk-to-Reward Ratio: 1:2 on TP1 | 1:4 on TP2 Disclaimer: This is for educational purposes and reflects my personal charting setup. Manage your risk accordingly.