NAS100: The Fed Trap is Set! Don't Buy Yet NASDAQNAS100 🌍 The US100 macro narrative heading into this week is dominated by the Federal Reserve Interest Rate Decision scheduled for today, January 28, 2026 🏦. Markets are pricing in a likely "Pause," but with political pressure mounting and Tech Earnings season in full swing, volatility is guaranteed. The "Driver of the Week" is the interplay between this Fed policy update and Big Tech guidance—essentially, we are waiting to see if the central bank validates the recent rally or triggers a "sell the news" event. Sentiment remains cautiously Risk-On, but traders are lightening exposure ahead of the FOMC press conference 🎤.
We are seeing a Bullish Market Structure on the H4 📈, printing clear higher highs and higher lows, with the recent impulse leg shattering resistance at 26,000. However, the current candles are showing rejection wicks at the top, suggesting the market is overextended and craving a healthy correction before the next leg up. This pullback is necessary to reset the RSI and gather fresh liquidity for a push toward new highs.
Key Zone: The chart highlights a pristine confluence area where the Ascending Parallel Channel support intersects perfectly with the 50% (25,753.3) and 61.8% (25,641.8) Fibonacci Retracement levels 📉. This "Golden Pocket" is the exact area where institutional algorithms often rest buying orders during a trend continuation.
We are currently trading at the top of the range, and chasing price here is risky. I am watching for a classic "Judas Swing" or stop-hunt lower to sweep early buyers before the real move begins 🧹. The ideal scenario is a sharp dip into our Buy Zone post-FOMC, trapping bears who think the trend has reversed, only to see price reclaim the channel and surge.
