US 100 - Trendline Breakout (Bullish Setup)

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US 100 - Trendline Breakout (Bullish Setup)US Tech 100CAPITALCOM:NAS100KABHI_TA_TRADINGNAS 100 / US 100 – 2H – Descending Trendline Breakout + Ichimoku Cloud Cross / Bullish Setup US 100 is showing a bullish technical shift after breaking above the descending trendline and moving through the Ichimoku cloud. Price is now holding above the breakout area, while 30,173.4 is the first major resistance and 30,496.0 is the next upside target. 🟒 1st Resistance : 30,173 🟒 2nd Resistance : 30,496 πŸ”΄ Support Zone : 29,253 – 29,391 πŸ“° Fundamentals and Live Headlines : 1. Nasdaq Futures Edge Higher Ahead of Jobs Data β€” US equity futures are modestly firmer as traders wait for the August employment report. 2. Fed Rate-Hike Bets Ease β€” Christopher Waller’s comments have lowered expectations for an immediate September hike, giving growth stocks some relief through lower yields. Disclaimer: This analysis is for educational purposes only. Support the idea πŸš€ Boost | πŸ’¬ Comment | πŸ” Share Best Regards, KABHI_TA_TRADING Thank you.