NASDAQ A 1W MA100 correction is due based on 19-year Channel Up.NASDAQ-100 IndexNASDAQ_DLY:NDXTradingShotNasdaq (NDX) has been trading within a macro 19-year Channel Up since the 2008 U.S. Housing Crisis. Within this pattern we have been seeing a very consistent bullish trend, which of course doesn't come without technical pull-backs and corrections. As you can see, there is a red Sell Zone (where the index has been at for the past 6 straight months) which has provided the two strongest sell opportunities historically: the 2008 Housing Crisis correction and the 2022 Inflation correction. The green Buy Zone is the strongest range for macro buy opportunities but has only offered one at the bottom of the U.S. Housing Crisis. Hence our focus for long-term buying always center around the blue Fair Value Zone (FVZ) within the 0.618 - 0.382 Fibonacci range. This is where the 1W MA100 (green trend-line) has historically offered strong macro buy opportunities. Only one time did a 1W MA100 contact occur above this range (February 2022). But that was later supported by the 1M MA50 (red trend-line) within the FVZ. As a result we have distinguished two macro Support levels: the 1W MA100 first and the 1M MA50 second where long-term investors should focus their buys. The strongest signal of exhaustion on this Channel Up has been a Lower Highs occurrence every time the 1M RSI got rejected on its Resistance Zone. This happened in 2015, 2018 and more recently late 2021. Following the 1M RSI rejection, Nasdaq initiated always a correction back to its 1W MA100 within 335 days (11 months) the latest. The 1M RSI made a Resistance Zone rejection on October 27 2025 and this month completes 12 months (365 days) since the first 1M RSI High. That shows how long the market has been rising for without a standard technical correction. And it has been the longest in 19 years. The last time the index was on its 1W MA100 was on April 21 2025, 1.5 year ago. All those indicators reach the same conclusion, that a 1W MA100 correction might be due, especially since Nasdaq is the closest to the Top of this 18-year Channel Up since the November 2021 Cycle Top (which was the last proper Bear Cycle that corrected to as low as the 1M MA50 for the first time after 12 years). So if a correction does start now with Nasdaq hitting All Time Highs, a potential 1W MA100 test can occur around 25500. That would even be above the 0.618 Channel Fib and the FVZ, indicating that still the index would technically be above neutral in terms of buying, showing just how technically needed such a correction would be. --- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- πΈπΈπΈπΈπΈπΈ π π π π π π