In today’s market, escalating trade tensions are driving volatility. The largest U.S. tariff hike since 1930 is now in effect, with China responding with a 15% retaliatory tariff. This is adding pressure to inflation, and with other major economies likely to follow suit, uncertainty continues to grow.
The NAS100 is feeling the weight of these developments. At the same time, declining Treasury yields and expectations of multiple Fed rate cuts point to potentially lower interest rates by 2025. However, given the current political landscape, I remain skeptical about how stable rates will actually be.
**NAS100 Outlook:**
📉 **Market Structure & Technical Analysis**: Bearish 🔻
📉 **Macro Fundamentals**: Bearish 🔻
**Overall Market Sentiment Today: Bearish** – I’m focused on short opportunities.
*Note: This is solely my opinion and not financial advice. All analysis is for educational purposes, aimed at helping traders make informed decisions and understand market sentiment for intraday trading of the NAS100 index. Always do your own research before making a trading decision.*