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Nasdaq analysis today at investingLive.com

Nasdaq futures are recovering from a sharp Tuesday selloff, but the rebound is still unconfirmed. The article frames 29,655-29,795 as the key decision zone, with 29,795 acting as the bullish confirmation level and 29,655 as the bearish trigger. Futures were around 29,766 at the cutoff, after an overnight low near 29,594 and a higher recovery high near 29,776. Upside targets are 29,882, 29,945, 30,035, and 30,065-30,075; downside targets are 29,608, 29,538, 29,425, and 29,375. The outlook score is only +1/10, signaling a slight bullish edge that still needs price acceptance above resistance. The piece also notes that upcoming US retail sales and other economic data could move Treasury yields and pressure or support technology valuations.

Category

US Tech 100

Sentiment

Mixed

Event

Technical analysis

Reading time

1 min