NASDAQ-100 Wave Analysis

The article is a technical outlook on the Nasdaq-100 showing a bullish setup after price broke above the June down-channel resistance and the 61.8% Fibonacci retracement of the prior downward impulse. The breakout is said to have accelerated an active minor impulse wave 3 within a larger intermediate wave (3), suggesting momentum is still constructive. The author expects the index to extend higher toward 30,770, identified as the next resistance and a former double top from June. Overall, the piece signals a continuation of the rally and a favorable near-term bias for U.S. tech stocks, with the key risk being whether the index can sustain the breakout above the former resistance zone.