NAS100 Struggles Below 24,813 Resistance – Rising Wedge Signals Risk of Drop Toward 24,148 Support
NASDAQ was down on Wednesday morning after testing the high level of 24782 in the last trading session as Nvidia fell 2.8% following Monday’s surge tied to its $100 billion OpenAI investment, as traders questioned the deal’s structure and heavy energy requirements. Other tech heavyweights also pulled back, with Tesla (-1.9%), Amazon (-3%), Oracle (-4.4%), Microsoft (-1%) and Meta (-1.3%) all declining.
Recent News
Gold price rises to multi-day high, near...
July 01, 2025
Market Insights
NASDAQ gave resistance breakout and afte...
May 12, 2025
Market Insights
Gold on the Verge of Breakout Bullish Fl...
May 31, 2025
Market Insights
Gold Awaits NFP Breakout Key Levels in F...
March 07, 2025
Market Insights
Bullish Momentum Builds as Dow Jones For...
April 25, 2025
Market Insights
US Tech 100 Surges with Bullish Flag Nea...
April 25, 2025
Market Insights
