Nasdaq 100 Technical: Failure bullish breakout with rising geopolitical risk – MarketPulse
Nasdaq 100 has reintegrated back below its most recent medium-term swing high of 19,880. Nvidia is now showing leadership weakness which may trigger a jump in VIX, in turn setting up a potential multi-week corrective decline sequence in the Nasdaq 100. Market breadth has turned lacklustre as the Nasdaq 100 component stocks have recorded lesser…