Nasdaq and S&P indices are settling between risk/bias defining MAs as the week comes to a close

US equities finished the day higher, but the S&P 500 and Nasdaq remain trapped between key 100-hour and 200-hour moving averages, leaving the near-term technical bias neutral. The S&P 500 is relatively stronger, having posted a fresh all-time high in August, while the Nasdaq still lags its early-June record. Traders are watching whether either index breaks above the 100-hour MA for a more bullish setup or below the 200-hour MA for downside momentum. For the week, major US indices fell, with the Nasdaq underperforming. The article also notes a sharp weekly rebound in Bitcoin, which lifted Coinbase and Strategy, while AI and tech names like Nebius, Arm, Intel, and CrowdStrike were among the biggest weekly laggards. Overall, the piece frames the market as technically indecisive with clear levels likely to determine next week’s direction.