US Tech 100 Reverses from 29,000 Support, Targets 30,000 in Impulse Wave iii
US Tech 100 reverses higher from reinforced 29,000 support, backed by March trendline, launching minor impulse wave iii toward 30,000 resistance per latest analysis. This builds on May 13's record high of 26,474.18 (+1.41% to 26,454.91) inside a rising hourly channel eyeing 26,751, amid maturing Elliott Wave impulse from March lows with waves ((i)) 24,348, ((ii)) 23,666, ((iii)) 27,136. Post-Trump-Xi on May 14, futures turned mildly bearish (-3/+10 score), rejecting 29,600-29,610 to test VAL 29,481.50 before short-cover bounce to POC 29,509.75; 16% YTD gains spur QQQI ETF interest.