Post #16009

Nasdaq Is Vulnerable, Here's Why The Nasdaq is under pressure, trading below the 200-day moving average and testing the 24,000 support zone. This is a key inflection point. A clean break and hold below this level opens the door toward the next major support near 22,000, which would put the index roughly -15% off the highs. Equities are getting squeezed from both sides: risk-off flows and higher rate prospects. The ongoing Middle East conflict is pushing capital out of risk assets and into the safe-haven dollar, weighing on tech and growth names. At the same time, rising yields are tightening financial conditions. Higher rates increase borrowing costs for companies, reduce future cash flow valuations (especially for high-growth tech), and compress multiples—making it harder for equities to sustain upside. If oil stays elevated and keeps inflation pressure alive, yields likely remain higher for longer. That combination leaves the Nasdaq vulnerable to further downside. - Alan