Upcoming Monthly/Weekly Analysis!US Tech 100 CFDFOREXCOM:NAS100OTM-FadhlFA Analysis: 1- Recent macro-economic data were good. But they do not reflect the Tariffs impacts. 2- All expected data (i.e., inflation, consumer sentiment) were inline with the projected tariff impacts. 3- Uncertainty is in the driver seat as long as Trump flip flop with his tariffs. 4- The 90-day tariff pause ends by July 4th!!! Surprise...surprise... the liberation day! Definitely, Trump will announce the 2nd Liberation day! 5- From this week and moving forward, data will reflect tariffs impacts. 6- This week, we have many relevant data and probably many Trump tweets. =) All the above has structural negative impacts on US economy; hence negative impacts on US Stocks and equities. TA Analysis: Monthly TF: NQ monthly close was bullish. From this TF, we should expect a continuation up seeking a new ATH. But I strongly doubt it. The Monthly close was below 21457. If price will be unable to close at least above this level, price should revisit 17236. In this thread, we do not trade Monthly TF, but it gives us a macro perspective. Weekly TF: The weekly close was bearish, even with a green candle. From this TF, we should expect a south move. In my view, Wave 3 has started last week. Daily TF: The chart shows all levels of Wave 3 into 5 mini-waves. The target of this mini-wave 3.1 is the low of May (19594). Price already broke TL and closed below it. Price from now on it should continue south/down. Price must close inside the tariff on & off candle (yellow box). (Note: The chart shows only three waves of 3.1 representing the Initial move, retrace move and impulsive move. But every single move/wave should have 5 waves. I do not represent them to avoid making the chart complex which it's already!). Hourly TF: Price might complete the retrace up to 21468-21590. Then resume the down movement as per the chart. Data will give the ebb and flow to be inline with TA analysis. That's all for this week/month. Wish you GL and plenty of green trades.