NASDAQ: Broke into the 2 year Support Zone.NASDAQ 100 IndexNASDAQ_DLY:NDXInvestingScopeNasdaq has turned bearish on its 1D technical outlook (RSI = 41/199, MACD = -42.030, ADX = 30.270) as the correction that started last Thursday hit the 1D MA100. The region between the 1D MA100 and 1D MA200 is the index's 2year Support Zone and has been a buy opportunity since February 2023. With the 1D RSI also on 6month lows, the current level is low enough to be a HL on the long term Channel Up, after which rallies to the 3.5 Fibonacci extension have started. Go long, TP = 24,000. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##