Nasdaq 100 futures on the rebound this morning

From the top to the bottom, the Nasdaq 100 fell more than 525 points on Friday. The earlier session high at 18,930 gave way to a later session low at 18,400 and the index subsequently closed 509 points lower, at 18,421. That close marked a 2.69% decline and ensured the Nasdaq 100 was by some margin the worst performing US index on the day. The low seen was just ahead of a noted Fibonacci support level, in place at 18,391. Overnight the Nasdaq 100 future was pricing a lower opening until the Asian stock markets reopened. After the US close and ahead of that opening the Nikkei 225 was priced to reopen close to 35k. It reopened at 35,247 and it has since recovered back above 36k and that has helped the Nasdaq 100 futures to bounce. So, the index is currently pricing a higher opening for later today, just now at around 18,540