Beyond the Chart - NAS100 Through Technicals & Fundamentals

US100 The trendline I drew on the lower timeframe yesterday worked perfectly, and price is still respecting it. We did see a break, but right after that, a Bearish FVG and a Breaker Block formed. This trendline will remain my pilot line for analysis.

NASDAQ Daily Analysis 📊
On the daily chart, the FVG formed on Sep 15th has been revisited, but price couldn't hold in this zone and was quickly rejected. The trendline I've drawn is still active and guiding the move.

⚡️Volatility note: Daily volatility is starting to compress (blue print on my model), meaning the next breakout move could expand strongly. If price breaks above the trendline with momentum, buyers may look beyond 24,650 toward 24,720–24,800 before reevaluating. If rejection holds, compressed volatility could fuel an accelerated drop into the 24,520 → 24,440 FVG zone, and possibly 24,300.

🦖 If a bullish candle closes back above the trendline, I’ll be looking at 24,650 as a buy trigger. A confirmed break here could open the door toward 24,720 → 24,780 liquidity levels.
🐼 If sellers keep control below the trend, downside targets remain at the FVGs around 24,520 → 24,440, and potentially 24,300 (Discount PD Array).

⚡️ Bottom line:
Today’s US data (Chicago PMI, JOLTS, Consumer Confidence) + multiple FOMC speeches will likely decide direction.
📉 Hot data or hawkish tone → sellers push deeper.
📈 Softer numbers or dovish Fed comments → bulls may retest higher levels.