USTEC index- A tradeable high probabilty setup forming

Hello,

USTEC, also known as the US Tech 100 or NASDAQ 100, is a widely traded stock index in the forex market. It tracks the performance of the top 100 non-financial technology-driven companies listed on the NASDAQ exchange, including major players from sectors such as information technology, healthcare, consumer discretionary, and telecommunications.

Currently, the index is in a corrective phase, setting up a high-probability buying opportunity. From a technical standpoint, we anticipate USTEC will approach the moving average, aligning with the lower boundary of the corrective pattern. Once this level is reached, we will seek confirmation through the MACD zero crossover—a strong bullish signal indicating an optimal entry for a move back to the top.

Additionally, upcoming tariff policies in the US could act as a catalyst, pushing prices toward our ideal entry zone.

You can access this CFD index using Tradenation or any other brokers that integrate with TradingView. tradingview.com/brokers/