NAS100 Price Outlook – Trade SetupUS Tech 100CAPITALCOM:NAS100ATFX_Global🌐Macro Background U.S. equities are attempting a recovery, led by a 1.5% gain in the Nasdaq 100 following Nvidia’s strong earnings guidance, which has temporarily reinforced confidence in the broader AI buildout. However, market sentiment remains fragile. Investor focus is shifting entirely to Fed Chair Warsh’s upcoming keynote address at the Jackson Hole summit. Markets are seeking clarity on how monetary policy will navigate sticky inflation alongside a slowing economic backdrop. Any hawkish tone or lack of clear forward guidance could reignite volatility across both yield curves and equity valuations. 📊Technical Structure Price is currently expanding into the mid-to-upper boundary of the parallel channel around 29,600. Resistance Zone: 29,881 – 30,041 Support Zone: 29,029 – 29,194 🎯Trade Setup A. Bullish Expansion (Breakout Play): A sustained 4-hour close above 29,719 / 29,881 opens the door for a retest of the top of the supply zone at 30,041. B. Bearish Rejection (Pullback Play): Rejection at the 29,881 – 30,041 Resistance Zone or a breakdown below mid-channel support (~29,556) signals momentum exhaustion, targeting a retracement back toward 29,194. ❌Invalidation Bullish Invalidation: Close below the channel support at 29,029. Bearish Invalidation: A close above 30,041 nullifies the structural topping patterns. 📝Trade Summary The Nasdaq 100 remains tactical within an ascending channel, with Jackson Hole catalysts dictating whether price breaks out toward 30,041 or pulls back toward lower support. ⚠️Disclaimer This analysis is for reference only and does not constitute trading advice. Financial markets involve significant risk; proper risk and position management are essential.