NASDAQ-100: Price Concentrates Within the Market Profile Zone

The article is a technical outlook on the US Tech 100 (Nasdaq-100), noting that the index fell about 4.6% last week amid two main headwinds: renewed concerns that AI infrastructure spending is outrunning returns, which pressured semiconductor shares, and temporary escalation in the US-Iran conflict. Despite these negatives, Nasdaq-100 futures rebounded about 1.1% after tensions eased and talks were scheduled in Doha. Technically, the index has traded sideways since May in a broad range between roughly 28,600 support and 30,700 resistance. Price is now holding above the key point-of-control zone around 29,440-29,460 and is approaching resistance near 29,950. The analysis suggests the POC remains the main balance point for supply and demand, and holding above it could support a move toward the upper end of the range.