$NASDAQ 100(NDX)$ W5 is LOADING.
W4 bounce is coiling into the Daily FVG at 24,267–24,721.
200-DMA sitting right there too.
That's the rejection zone.
Above 24,510 and I reassess.
Below it — W5 decline is on NEXT.
Downside target: Monthly FVG at 22,400
Bearish SMT w/ $DJI still active at the March 23 high.
That divergence holds — this bounce gets sold HARD.
You've been warned.
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