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Price action across the Nasdaq 100 futures still jittery
If you have been trading, or just tracking the price action in the Nasdaq 100 futures this morning you will know it has been pretty jumpy. The more positive opening for the European markets earlier did allow the Nasdaq 100 futures to rise close to an opening call around 21,300. However, since then that have dropped back to make that call closer to 21,175. They are just now on the rebound back towards and slightly above 21,225, but the outlook for the opening this afternoon remains very uncertain. There is one US economic note of release after the opening. That is the 3pm GMT latest Richmond Fed index, but in truth that is not the game in town for the Nasdaq again today. It is all about AI and what true implications for the tech sector are, resultant from that DeepSeek news that broke yesterday. The view here on the outlook for the Nasdaq 100 remains circumspect at best
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