Buyers re-entered Nasdaq futures after Friday’s sharp decline, regaining key levels above 29,144-29,150 amid calmer global markets.
Nasdaq futures recovered ground after Friday’s steep sell-off, with buyers pushing prices back toward Friday’s close and securing higher-value acceptance above the 29,144-29,150 zone. The short-term technical score improved to +4 out of +10, signaling a shift from bearish pressure to bullish repair, though not yet a full rebound.
Global markets faced turbulence, with Asia’s Nikkei dropping 3.5% and South Korean tech stocks hit hard before a slight bounce. U.S. futures pointed to a calmer open, supported by steadying gold prices, a stable U.S. dollar, and easing geopolitical tensions.
Key price levels remain critical, as the market stabilizes but lacks full bullish momentum. The shift suggests reduced panic, though sustained recovery hinges on holding current levels.