NAS100 Wednesday Reversal Potential from Key Support

Over the past several weeks, the NAS100 has shown a clear tendency for aggressive mid-week reversals, with Wednesdays repeatedly triggering sharp shifts in direction 🔄. This pattern suggests a strong time-based element in the algorithmic delivery of price, rather than random fluctuation.

🗓️ Each Wednesday has produced a notable reaction, whether through a liquidity grab, a stop run, or a full intraday reversal. With today being Wednesday once again, the timing aligns perfectly with the type of behaviour the market has been delivering consistently.

📉 The current decline has brought price directly into a well-defined high-timeframe support region. This area has a history of accumulation and typically holds a large amount of resting liquidity underneath it. The repeated wicks into this zone resemble classic Wyckoff spring behaviour 📦 — a sweep of sell-side liquidity followed by a potential response from larger players.

📐 The most recent bearish leg is noticeably overextended and has not offered a proper retracement since breaking lower. This leaves inefficiencies behind and increases the likelihood of a move back toward equilibrium.

🔄 Given the confluence of mid-week timing, the tap into higher-timeframe support, the liquidity sweep, and the extended nature of the current downswing, the expectation is for at least a corrective move back into equilibrium 📈.

A bullish break of short-term structure on the lower timeframes would strengthen this bias and open the door for a retracement into the premium levels listed above.

⚠️ Not financial advice. This is simply a technical outlook and my opinion.