[GVI Forex 2]

NAS100 (NASDAQ) 4 HOUR: Trading on hope?

Holding above the 27444 low (27484 low) giving some hope for the battered bull side but would need to regain 28K (tested earlier) to slow the risk. Otherwise, risk stays on the downside.

Only above 28595 and the 4 hour trendline would negate the risk.

Focus looking ahead to the FOMC and big tech earnngs

[GVI Forex 2]

NAS100 DAILY: Correction territory

[MARKET UPDATE] Nasdaq 100, -1.1% on the day, is currently on track to enter correction territory (-10% from the high)

Note 100 day mva (blue, 27787)

[GVI Forex 2]

NAS100 (NASDAQ) 4 HOUR: Failure to test its trendline

Failure to test its trendline following the opening week gap has seen not only the gap filled but 28K coming under fresh attack.

28K is not only a pivotal level but there is a big void below it so keep an eye on trade around it.

[GVI Forex 2]

NAS100 (NASDAQ) DAILY: Pattern broken here as well 6 day pivot around 29K will likely be broken today, which sends a negative signal. Upside should be limited unless 29K+ trades again.

[GVI Forex 2]

NAS100 (NASDAQ) DAILY: Clinging to support

So far holding off a run at the downside with a pause above key 28204 support (low 28255), which needs to hold or face a black hoke.

Watch headlines, oil and a 6-day pattern printing 29K each day.

[GVI Forex 2]

NAS100 (NASDAQ) 4 HOUR: Trying to build momentum

Trying to build up momentum and dependent on 29K holding to keep a bid. Even then, it would be trading in a 29-30K range but with a bid.

If not, then dependent on the trendline and 28515 to keep a bid.

[GVI Forex 2]

In our blog

Why did Eightcap launch its own prop firm?

[ST London]

Stock futures fall as global chip sell-off continues:

Stock futures fell early Friday after the U.S. military completed its sixth consecutive night of strikes against Iran, following a tough session on Wall Street that saw semiconductor names extend declines.

Dow Jones Industrial Average futures slipped 301 points, or 0.6%. S&P 500 futures lost 0.8%, while Nasdaq-100 futures dropped 1.6% as tech stocks came under scrutiny…. CBBC

[GVI Forex 2]

NAS100 (NASDAQ) 4 HOUR: Trying to hang on

So far holding off a fresh run at the downside with a pause above 29091 support.

Prefer to use 29K as the obstacle to the 28678 low.

Back above 29582 would be needed to shift the risk from the downside.

[GVI Forex 2]

US EQUITY OPEN: Stocks in the green after soft CPI but IBM hits Dow

OPEN: Stocks have opened mixed on Tuesday, with the Nasdaq outperforming as memory names rebound after Monday’s sharp sell-off, helping the index recoup some of yesterday’s underperformance. The Dow is the only major index in the red, weighed down by IBM (IBM) after its preliminary Q2 results disappointed expectations. The update is also pressuring the broader software sector, with the Software ETF (IGV) opening lower by around 2%, although it has recovered and now in the green. … full report on Newsquawk.com

[GVI Forex 2]

NAS100 (NASDAQ) UPDATE Ranges  but for how long

NAS100 (NASDAQ) 4 HOUR: Ranges but foir how long?

Consolidating between 29334 and 29853 on this CFD chart after finding the top end too hard to crack.

Now dependent on 29334 holding to keep the downside contained and prevent the focus shifting to 29000 and the 28678 low

[GVI Forex 2]

Market Update: Rotation: US500 (sp500) and NAS100 (NASDAQ) down, US30 (DJIA) Up

Dow rises more than 200 points to record, Nasdaq falls again as chipmaker

US500 and NAS100 supports holding (see prior post)

US500.                                      NAS100                                                    US30

[GVI Forex 2]

Pre-Holiday Trading Hours

U.S. stock markets (the NYSE and Nasdaq) operate on regular hours on Thursday, July 2, 2026, opening at 9:30 a.m. and closing at 4:00 p.m. ET. However, the U.S. bond market will close early at 2:00 p.m. ET. Both stock and bond markets will be closed on Friday, July 3, in observance of Independence Day. [1, 2, 3]

[GVI Forex 2]

Newsquawk US Market Wrap: Stocks bid as tech rally boosts Nasdaq

SNAPSHOT: Equities up, Treasuries flat, Crude up, Dollar down, Gold down

REAR VIEW: US and Iran strikes resumed over the weekend, though reportedly agreed to halt strikes and meet this week; Iran rejects Trump’s claim that talks are to take place this week; Iran says delegation sent to Qatar regarding the release of Iranian frozen funds; SCOTUS rejects Trump’s power to remove Fed cook; CMCSA to spin off media assets.

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

… Wall Street is coming off a mixed week, characterized by a rotation out of tech and into other parts of the stock market.

The S&P 500 and Nasdaq Composite shed nearly 2% and 4.6%, respectively, with Nvidia and Alphabet losing more than 8% each. Meta Platforms, Apple and Amazon also dropped more than 4% each, while SpaceX tumbled 17%.

The Dow, which is less exposed to tech, bucked the negative trend with a 0.6% advance. Merck and Johnson & Johnson led the 30-stock benchmark higher last week, rising 13% and 11.5%, respectively.

“Investors seem to be experiencing AI Fatigue,” wrote Ed Yardeni, president of Yardeni Research. “They are questioning whether the hyperscalers’ massive spending on AI infrastructure will ever pay off. … They worry that new technologies will rapidly make current ones obsolete in a process known as ‘creative destruction.’”… truncated (CNBC)

[GVI Forex 2]

NAS100 (NASDAQ) 4 HOUR

On the defensive following the failure to hold 30K+

Now dependent on 29219 holding to keep the downside in check.

Firmly back above 29617 (on this chart) would be needed to cool the risk.

[GVI Forex 2]

US holiday on Friday

U.S. financial markets, including the New York Stock Exchange (NYSE) and Nasdaq, are closed on Friday, June 19, in observance of Juneteenth. Normal trading hours (9:30 a.m. to 4:00 p.m. ET) will resume on Monday, June 22.

A breakdown of key market and financial closures:

Stock Markets: Both the NYSE and Nasdaq will be closed for the entire day. No regular equity trading will take place.

Bond Markets: The U.S. bond market is also closed for the holiday.

Banking & Federal Reserve: Since it is a federal holiday, all non-essential federal offices are closed. Most national and local banks follow the Federal Reserve’s holiday schedule and will be closed.

[GVI Forex 2]

NAS100 (NASDAQ) 4 HOUR

Momentum turning up with just one obstacle, 30589 standing in the way of the record 30776 high.

On the downside, keeps a bid while above 40K, but only back below 29820 would put it back into its old range.

[GVI Forex 2]

Nasdaq says that the SpaceX (SPCX) IPO is to begin quoting at 09:50 EDT / 14:50 BST

[GVI Forex 2]

NAS100 (NASDAQ) 4 HOUR

On the defensive with risk off taking over as the risk of war escalation takes over.

28202 low blocks 28000, below which would inflict psychological damage and open a void on the downside.

[GVI Forex 2]

Newsquawk Daily Asia-Pac Opening News – 8th June 2026

US stocks were hit hard on Friday, with the Nasdaq-100 the clear laggard, falling more than 4% as technology stocks remained under pressure. Broadcom (AVGO) extended losses following its earnings report earlier in the week, while additional weakness came after the FT reported that

Meta (META) is considering raising tens of billions of dollars through a stock offering. As a result, Technology was the clear sectoral laggard, followed by Consumer Discretionary and Communication Services. However, the main macro driver of the session was the stronger-than-expected US jobs report, which set the tone for trading throughout the day and spurred Fed rate hike bets, with traders now fully pricing a 25bp Fed rate hike by year-end, compared with around 16bps of tightening priced before the release.

Israel conducted airstrikes on a couple of apartment buildings in Beirut’s Dahiya district on Sunday, in what the military described as targeting a Hezbollah command centre.
Iran launched four waves of strikes against Israel on Sunday evening in retaliation for an Israeli strike on Beirut, which it stated ‘crossed all red lines’, while it threatened devastating blows if Israel expands Lebanon operations. Iran signalled a halt to attacks if Israel refrains from strikes, but vowed stronger retaliation if Israel strikes back, and it closed its western airspace until further notice.

Looking ahead, highlights include Japanese Revised Q1 GDP & Eco Watcher Survey, Holiday Closure in Australia.

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

Nasdaq drops 4%, the most in more than a year as chip stocks tumble

[Belgrade Bobby]

Nasdaq – NDX Weekly

US stocks edged higher in early Friday trading as investors continued to lean into a rally powered by easing geopolitical pressure and renewed confidence in AI-driven earnings growth.

The Nasdaq 100 rose 0.6%

[Belgrade Bobby]

Market Summary 1

Although the NASDAQ is higher, the performance beneath the surface is far from uniform. Some of the index’s largest heavyweight stocks are posting solid gains, while others are under pressure.

By applying a consistent technical approach, it becomes easier to identify the short-term bias, define the key risk levels, and highlight potential targets if momentum continues in the direction of the prevailing trend.

[Belgrade Bobby]

European markets wrap: Oil up, stocks down on continued US-Iran tensions

WTI crude up 3% to $91.37 Stocks move down, DAX and CAC 40 both lower by 0.5% on the day
S&P 500 futures down 0.3%, Nasdaq futures down 0.7% US dollar holds steadier across the board
US 10-year yields up 2.5 bps to 4.506% Gold down 1.7% to $4,381

[GVI Forex 2]

NAS100 (NASDAQ) 4 HOUR

New record high (30327) followed by a retracement keeps the focus on 30K, which still needs to be established as support to signal the next leg up.

Otherwise, watch the trendline and 29692, above which is needed for the focus stays on 30K or higher.

[GVI Forex 2]

NAS100 (NASDAQ) 1 HOUR

For this to become more than mission accomplished, NAS100 needs to establish 30K as support for momentum to build further.

Otherwise it will be consolidation as long as it trades above the 29694-766 lines.

[GVI Forex 2]

NAS100 (NASDAQ) 1 HOUR

Bulls can smell a test of 30K but so far unable to build enough firepower for a run at it (high 29938).

On the downside, only through 29372 would break current momentum and shift focus from 30K..

[Belgrade Bobby]

Market Summary 1

Slight recovery in equities; DAX up 0.5%, CAC 40 up 0.7% on the day
S&P 500 futures up 0.89%, Nasdaq futures up 1.38%
Light Crude Oil prices down 6.08% to $97.81
10-year Treasury yields down to 4.574%
US dollar little changed, hold more mixed on the day
Gold up 0.74% to $4,544

[GVI Forex 2]

NAS100 (NASDAQ) 4 HOUR

Bulls will not give up without a fight.

In this regard, the 2 levels the do not want to see broken are 28660 (briefly broken) and 28460 as there is a big void below it (starting with 28000).

To negate the threat, risk mood needs to shift to risk on and 29120 needs to be broken.