The Nasdaq 100 index on the M15 timeframe shows a strong bullish setup. Recent candles exhibit a clear upward trend with consecutive higher closes, breaking key resistance at 29734.2. The last three candles close above 29689.23, forming a bullish engulfing pattern that signals renewed buying momentum. Volume remains elevated, confirming the strength of the rally and validating the breakout from lower range consolidation. The current price action suggests a continuation of the uptrend, with the immediate support at 29406.68 acting as a critical retracement level. Key resistance near 29734.2 and the psychological 30000 mark provide clear targets for the next…

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