Trading Insights

💻 NASDAQ 100

Tech Enters Oversold Territory Amid Policy Uncertainty

The Nasdaq maintains a cautiously bullish medium-term outlook but remains technically weak as markets struggle with the implications of delayed labor data and unclear December rate-cut odds.

Chart showing Nasdaq100 prices

Key Levels: Support 23,988.7 │ Resistance 25,294.7
Investor Takeaway: RSI at an extremely oversold 32 with fading MACD selling pressures suggests potential rebound conditions—but policy uncertainty limits upside conviction.