Is the Nasdaq a Bubble? A Technical Correction Is Possible

NQ1!
Here’s a breakdown of the current Nasdaq correction scenarios based on the Nasdaq Futures (NQ1!) chart.
Every time I reached the top of the channel, an adjustment came out.

Based on the monthly chart, it has closed positively for six consecutive months since the tariff reduction, and it is judged to have entered the overbought zone by breaking through the upper Bollinger Band.

While a Santa Rally could still occur in Q4, we expect a short-term correction within one to two weeks.

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I am Korean and I used Google Translate.