Trading Insights

💻 NASDAQ 100

Extreme Fear on CNN Index Contrasts with Improving Technicals

Nasdaq holds a cautiously bullish stance even as sentiment hits “extreme fear” territory. RSI is approaching convergence with its MA while MACD shows strong buying strength—suggesting near-term stabilization despite macro overhangs.

Chart showing Nasdaq 100 prices.

Key Levels: Support 23,988.7 │ Resistance 25,294.7
Investor Takeaway: Technicals improving from oversold conditions; fear-driven sentiment may provide contrarian upside.