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Nasdaq technical analysis today at investingLive.com shows a way to trade Nasdaq

The article is a technical analysis update on Nasdaq futures and broader U.S. equities, arguing that the index remains under bearish pressure after a sharp intraday drop from around 29,870 to 29,155. The key market takeaway is that sellers have control while Nasdaq futures stay below 29,330 and especially 29,500-29,550, with downside targets at 29,215, 28,987, 28,892, and 28,673. A bullish reversal would require reclaiming 29,750. The note also frames the move within a broader risk-off backdrop: South Korea’s KOSPI fell 8% and triggered a circuit breaker, Asia-Pacific equities sold off, and U.S. tech sentiment weakened after Apple’s 6.12% decline, partly offset by Micron’s 15.95% surge. Overall sentiment is cautious to bearish, with emphasis on execution quality and avoiding chasing shorts at lows.

Category

US 500

Sentiment

Bearish

Event

Technical analysis

Reading time

1 min