Nasdaq is under pressure, but may rebound after the FedUS Tech 100 CFDWHSELFINVEST:USTECH100CFDStanislav_Bernukhov_ExnessNasdaq has witnessed bearish pressure during Friday’s action, fueled by escalation in the Middle East and perceived hawkish development of expectations of the interest rate policy. The earnings week has provided a mixed message to the market, pressuring the prices of AI stocks and other tech stocks. VIX balances around the level of 20, showing growth, but still not pointing to the bearish market. Most directional moves for indices today occur during the Asian session. So, if Nasdaq plummets lower on Monday’s session, the next possible support may be found between 27700 - 27800 price area. The market rarely makes sustainable moves ahead of strong news releases, so downside breaks would probably be trimmed. Don't forget - this is just the idea, always do your own research and never forget to manage your risk!