Trading plan for the NQ100 index

Currency pair analysis based on modified wave analysis, Fibonacci levels, and price channels.

August 24, 2026

NQ100

Bears are testing the lower boundary of the sideways range. The Awesome Oscillator shows bullish divergence, while the Stochastic Oscillator signals oversold conditions. The downward wave structure is truncated.

Trading idea:

Buy upon the formation of an upward wave structure where wave (A) breaks through the trendline of the truncated downward structure.

Stop Loss: 1.9577.

Target levels: 1.9659; 1.9685.