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 in Tight Range as US Banks are off...

February 17, 2025

Market Insights

Gold prices hover at record highs upon F...

March 20, 2025

Market Insights

Gold Sustaining near Life-High Levels.

February 19, 2025

Market Insights

Dow Jones Forms Bearish Head and Shoulde...

June 02, 2025

Market Insights

DOWJONES making a bullish flag on daily...

February 13, 2025

Market Insights

Ana

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window