Nasdaq Slides Below 100-Hour MA as Strong Jobs Data Lifts Yields

US Tech 100 futures extended losses after a stronger-than-expected jobs report triggered a sharp rise in Treasury yields. The index gapped below its 100-hour moving average while the S&P 500 attempted to hold above its own rising average, creating a clear technical divergence. Earlier in the session, a failed rally to 30243 had already left the bias rated at -5.5, with price near 30142. Key support remains at 30016–30000; a break could open deeper targets at 29675 and 29410. Traders now watch the moving-average levels for near-term direction.