Nas100- Lower top in place?

5 sept.In early August, the NAS100 broke below the support line of a channel that had kept the tech-heavy index elevated for nearly a year.

However, after reaching the horizontal support zone around the 17,000 level, the price quickly rebounded and returned to the key 20,000 area. Despite this recovery, the bulls couldn’t maintain momentum, and two days ago, the index once again dropped below the trendline.

These movements suggest signs of weakness, and a further correction may be on the horizon.

I’m looking to sell into rallies around the 19,200-19,300 zone, with a target at the recent low above 17,000.