The US NASDAQ 100 is currently showing bearish momentum after recent downside consolidation. The index remains under selling pressure following disappointing earnings reports particularly from Netflix — which dampened risk sentiment.
Additionally, reports suggesting that the Trump administration is considering new export restrictions on China involving U.S. software have further weighed on market confidence may price test the Around 25,000, where reactions could occur. If selling pressure continues, the next major support could be near 24,500.
You may find more details in the chart.
Trade wisely best of Luck Buddies.
Ps; Support with like and comments for better analysis Thanks for Suppooritng.
Additionally, reports suggesting that the Trump administration is considering new export restrictions on China involving U.S. software have further weighed on market confidence may price test the Around 25,000, where reactions could occur. If selling pressure continues, the next major support could be near 24,500.
You may find more details in the chart.
Trade wisely best of Luck Buddies.
Ps; Support with like and comments for better analysis Thanks for Suppooritng.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.