Nasdaq: +33% Since April Just Took a -2% Gut Check at the 29,000US Tech 100CAPITALCOM:NAS100BazemtraderTech led the whole year: +33% from the April low at 23,000 to a 30,700 record in June. Today it dropped more than 2% - the sharpest fall of the summer - and landed exactly where it always lands: the 29,000 floor. This floor has now been tested in late May, mid-June and today. Third tests are where trends confess. KEY LEVELS 30,000 - reclaim. Above it, the 30,700 high is back on the table. 29,000 - first test. The floor under six weeks of sideways chop. 28,300 - make-or-break. The June swing-low wick. Below it there is air down to 27,800. TRADE PLAN Bullish: daily close above 30,000 = long, stop below 29,000, targets 30,700 / 31,500. Bounce: 29,000 touched and the day still closes above it = long, stop below 28,300, target 30,000. Bearish: daily close below 28,300 = short, stop above 29,000, targets 27,800 / 27,000. Inside 29,000-30,000 with no trigger: patience. INVALIDATION The bullish map dies on a daily close below 28,300. If the June low breaks after a -2% day, the correction is real and I will say so. THE LESSON One red day is noise. A floor that has held three times breaking is signal. Trade the close, not the headline. Third test of a floor is where trends confess. I will update this idea as the levels get tested.