Post #4126

📉 NASDAQ H2 – Bearish Outlook Strengthening 🔍 Technical Outlook: Price action has broken decisively below the rising channel support, signaling potential exhaustion in bullish momentum. Multiple failed rejections at the 23,900 resistance zone—combined with consistent lower highs—indicate sellers are regaining control. A sustained move below 23,700 opens the door for an extended downside toward the 22,800 support zone, aligning with the measured move from the channel breakdown. 📊 Fundamental Drivers: • Interest Rate Pressures: Hawkish Fed commentary this week continues to weigh on growth stocks, as higher yields reduce tech sector valuations. • Economic Data Weakness: Softening consumer confidence and slowing manufacturing data point to a cooling economy, further undermining NASDAQ’s bullish case. • Earnings Season Risks: Several heavyweight tech earnings have failed to meet market expectations, raising fears of a broader earnings slowdown. Start your journey with us 🛫