Trading Insights

NASDAQ 100 (US 100)

Tech Market Cap Exceeds US GDP in Historic Bubble

The Nasdaq maintains cautious bullish momentum despite market cap now exceeding US nominal GDP—surpassing dot-com bubble levels. Technical indicators show RSI at 50 with downward convergence and fading selling pressures on MACD.

Key Levels: Support at 23,432.1 | Resistance at 24,122.3

Investor Takeaway: Unprecedented valuation levels warrant caution despite technical support; bubble comparisons growing louder.