Nasdaq 100

Key insight

29,091 trades mid-range between the 28,500 breakout base and 30,000 round-number resistance — a clean close above 29,500 opens the 30,000 target; failure below 28,500 re-tests the 200-day MA.

29,091 holds above the 200-day MA near 27,800 — broad risk-on tone confirmed by S&P 500 at 7,608 and Gold at 4,355, with tech leading the session gain at +0.53%.

Main risk

Oil spike to $99.5 squeezing margins

Oil at $99.5 raises input costs for tech supply chains; a break above $100 would pressure NDX earnings estimates and lift bond yields.