USNAS100 | Volatility Rises Amid AI and Geopolitical Tensions
USNAS100 | Volatility Builds Amid AI Uncertainty and Geopolitical Risk
Nasdaq futures remain highly volatile as markets balance AI-sector uncertainty and rising geopolitical tensions between the U.S. and Iran. With risk sentiment shifting quickly, traders are focusing on key technical levels for the next directional move.
The index has already dropped around 600 points, in line with the previous outlook, reinforcing the current bearish momentum.
Technical Outlook
The Nasdaq maintains a bearish structure while trading below 24770.
As long as price remains below 24770, downside pressure is expected toward 24570, followed by 24150, with extended support at 23930.
A sustained move above 24770 would invalidate the bearish bias and support a recovery toward 25000, followed by 25250 and 25410.
Key Levels
Pivot: 24770
Support: 24570 – 24150 – 23930
Resistance: 25000 – 25250 – 25410