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Nasdaq technical analysis today at investingLive.com

Nasdaq futures (US Tech 100) have materially repaired after the May 28 selloff, but the recovery is best described as a bullish repair into congestion rather than a clean breakout. InvestingLive scores the setup +2/10 (medium confidence). Bulls need sustained acceptance above the 30500–30536 zone to increase the probability of continuation toward 30590–30625 and 30660–30700. Short-term support/repair sits at 30440–30465; rotation inside 30390–30440 leaves the market unresolved. Loss of 30334–30320 would weaken the repair and expose deeper downside toward 30275–30260 or 30226–30200. Recent Sunday evening gains were constructive but derived from lower-participation ETH bars (not full RTH institutional action), so traders should respect the mildly bullish bias but avoid overtrading until acceptance above 30536 or clear downside confirmation emerges.

Category

US Tech 100

Sentiment

Mixed

Event

Technical analysis

Reading time

1 min