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
Dow Jones Forms Bearish Head and Shoulde...
June 02, 2025
Market Insights
US30 Forms Bullish Flag Above 200 SMA E...
July 21, 2025
Market Insights
US Tech 100 Breaks into a Bullish Flag F...
June 03, 2025
Market Insights
NASDAQ 100 US Tech 100 Holds Near Suppor...
March 06, 2025
Market Insights
Gold Hits Record High Above $3,000 Bull...
March 20, 2025
Market Insights
US Tech 100 Forms Bearish Triangle Patte...
July 16, 2025
Market Insights