Article details
Nasdaq futures are showing signs of stabilization following a sharp selloff, with contract prices consolidating between key support at 30,705 and resistance near 30,890. While buyers have aggressively defended lower levels, sellers continue to cap upside moves, leaving the index in a moderately bearish technical stance. Global market sentiment is heavily influenced by cross-market pressures, including rising crude oil prices due to escalating geopolitical tensions in the Middle East.