NASDAQ on the Edge: The Ultimate Test at the Critical Kumo SuppoNASDAQ-100 IndexNASDAQ_DLY:NDXBullishway1NASDAQ 100 – Weekly Outlook NASDAQ has weakened after closing below its ascending channel, putting the previous bullish structure under pressure. However, the weekly Ichimoku Kumo cloud remains intact and continues to act as a key support zone. A weekly close below the cloud would provide strong bearish confirmation and raise the risk of further downside. Until then, the market is at a critical technical level. A recovery above the broken channel is needed to improve the outlook.