NASDAQ 100 Heavily Accelerates BULLISH Price Action!

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Hello There,

welcome to my new analysis about the NASDAQ 100 Index. As I mentioned in the beginning of the year, I am bullish on stocks for 2026, represented by the major indices such as the NASDAQ 100. Nearing the year's half, this projection already fulfills it, and the NASDAQ bounced heavily in recent times, leading to a strong upside thrust. This has been a solid opportunity to pick high profit trades to make surplus profits from the ongoing bullish alignments.

As when looking at my chart now, we can watch there how the index is accelerating bullish price action within this ascending trend channel. The index already bounced several times, with the lower boundary being a strong support. The very last bounce has been the origin of this strong bullish upside thrust. As the index approaches the 30 mark, it is likely to settle above it, continuing the bullish alignments.

The most important formation in this whole structure is the bull flag formation. The wave count within this formation was completed, and the breakout above the upper boundary of the formation activated upper target zones. Also, the bounce off the 50-EMA marked in blue, which has been simultaneously the lower boundary support of the bull flag, served as the origin of this strong bullishness. The index activated the targets as seen in my chart. Once they are reached, further assumptions about the continuation will be important.

In this manner, thank you a lot for watching!
The support is highly appreciated.

VP

Feragatname

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