NAS100 Triangle Apex – Breakout or Breakdown ImminentBullish View:
• Price is forming higher lows and holding above the lower ascending trendline.
• A breakout above the upper descending trendline near 18,500 would confirm bullish
momentum.
• If the breakout is sustained, potential upside targets include 18,650 and 18,800.
Bearish View:
• Price has tested the lower support trendline and shown weakness near the apex of the
triangle.
• A breakdown below 18,100 would indicate bearish momentum and invalidate the ascending
structure.
• If the breakdown is sustained, potential downside targets include 17,950 and 17,700.
