Is Nasdaq finally done?

Two weeks ago, I mentioned the possibility of a significant correction for NAS100 , suggesting that the index could drop to as low as the 16k zone. As always, navigating uncharted territories, particularly at all-time highs (ATHs), presents challenges in determining price levels and timing trades. However, I now have a reference point, which is yesterday's high.

From a technical perspective, as I've mentioned previously, we're observing a rising wedge pattern, typically indicative of a reversal, coupled with indicators showing divergence.

In conclusion, in my opinion, we have reached a peak for now, and NAS100 is likely to enter a correction phase.