Nasdaq futures stalled at 30244, reinforcing a bearish outlook as selling pressure persists below key resistance levels.
Nasdaq futures attempted to recover toward 30244 but failed to sustain momentum, closing the latest 30-minute bar at 30142.25 after probing 30131.50. The rally stalled at 30243, confirming resistance and maintaining a bearish bias while below 30244.
Earlier analysis flagged a bearish score of -5, which has since worsened to -5.5. The market remains under pressure, with downside targets open if support at 30016-30000 fails. Near-term decision levels sit between 30134-30142.
Traders short from yesterday’s session may see profitable positions as premarket trading approaches, though the market has not yet broken into a clear downside expansion below 30000.