NAS100 - How Overbought is NASDAQ ?

How I see it:

I just felt it necessary to share the bigger picture.

1) NAS100 Has been overbought since JUNE 2023.
2) Price has broken a very significant 7 Month Bullish Trend a week ago.
3) Severe 1W TF Divergence!

Keynote:

I am not stating that NAS100 will fall all the way as indicated.
It is however very peculiar if you take your FIB from where the
divergence began @ 14050.00 up to the ATH @ 22237.00.
The indicated re-balancing of the divergence falls right between
71-79% retracement.

Thank you for taking the time to study my analysis.