Nasdaq vulnerable hereNasdaq CashBLUEBERRY:NAS100BlueberryThe Nasdaq 100 looks vulnerable here, flirting with the 200 day moving average. All eyes are on energy and oil. But what about the second order effects of the Gulf situation? The Gulf region was supposed to help solve the data and energy constraints facing AI. Instead, it is dealing with deeper existential issues. Higher oil prices and disruptions to energy operations make AI more expensive and harder to justify for many data centre operators. The Gulf countries are also major investors in global technology, VC and AI companies. Problems closer to home could place pressure on capital flows into the sector. It is a volatile situation. The risk to reward looks asymmetrical, with downside risk dominating from here. The forecasts provided herein are intended for informational purposes only and should not be construed as guarantees of future performance. This is an example only to enhance a consumer's understanding of the strategy being described above and is not to be taken as Blueberry Markets providing personal advice.