Nasdaq 100

Key insight

30,670 sits in a compression zone between 200-day MA support (~29,800) and 31,000 resistance. Oil at $90.9 pressures tech margins; a daily close above 31,000 or below 29,800 sets the next directional leg.

30,670 holds above the 200-day MA near 29,800 but stalls under the 31,000 round-number resistance; broad risk-off tone with gold -1.3% and BTC -1.0% caps upside.

Main risk

10-Year Treasury Yield Spike

Rising yields compress Nasdaq growth multiples; a break above 5.0% on the 10-yr would pressure 30,000 support swiftly.