NSDQ100 another bullish flag developing ?US Tech 100TRADENATION:USTECTradeNationDonald Trump has agreed a new trade deal with Japan, setting 15% tariffs on US imports like cars and launching a $550 billion fund to boost investment in the US. This is lower than his earlier 25% tariff threat. Other allies saw mixed outcomes—the Philippines got a small tariff cut, while Canada’s talks stalled. Goldman Sachs now expects the US baseline tariff rate to rise to 15%. Trump also suggested that Fed Chair Jerome Powell may not stay in his role much longer, and he’s considering removing capital gains tax on home sales, which could affect the housing market. Separately, a Chinese-linked cyberattack breached the US nuclear weapons agency, though no classified data was stolen. Meanwhile, SpaceX’s investor documents flagged Elon Musk’s political activity as a potential risk as the company targets a $400 billion valuation. Conclusion for Nasdaq 100: The Nasdaq 100 faces short-term uncertainty due to rising trade tariffs, Fed leadership questions, and geopolitical risks. While some US-focused investments could benefit, traders should stay cautious as policy and global tensions evolve. Key Support and Resistance Levels Resistance Level 1: 23265 Resistance Level 2: 23670 Resistance Level 3: 23480 Support Level 1: 22953 Support Level 2: 22840 Support Level 3: 22740 This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.