Wake up folks US stocks are just not hot anymore- check out the Nasdaq 100 futures this morning

Following an earlier update here this morning, looking at the Nasdaq 100 price action on Friday and its closing level on Friday, the Nasdaq 100 futures have fallen further since the European opening this morning. The index is already well into correction territory and as noted, it hit a new relapse low on Friday, at 19,736. The rebound into the close did not result in a daily, or weekly close back above the 200 day moving average (then at 20,247). The Nasdaq 100 futures are now pricing the opening below 20k, where it was close to 20,200 earlier today. The whole Trump induced sell-off is one facet of this fall back from the record high at 22,222. The question now; is how far will it correct lower from here? Right now it would seem the whole Mag 7 AI based rally has hit a serious bump in the road (as noted here several times already, thanks to DeepSeek) and Trump and his trade antics have added to the downside. The simple truth is that US tech stocks are simply not hot anymore folks and it now remains to be seen, just how cold they will become. The Nasdaq 100 is right now priced to reopen around 19,950, but there will be spikes and dumps to come for sure again this week