What is the January barometer and how could it affect the Nasdaq index?

It is a simple market habit traders track: when value-led benchmarks beat growth in January, tech often lags in the next stretch. It is not a rule, but it raises tech rotation risk. We use it as a caution sign to refine entries, not a stand-alone signal.

Is the Dow beating the Nasdaq in January a sell signal for tech?

No. It is a risk alert, not an order to sell. We watch confirmation like momentum cooling, breadth slipping, and breaks of support with volume. If those align, we trim or rebalance. If they do not, we keep positions and let price action guide adds.

What levels matter most on the Nasdaq index this week?

We monitor 25,393 to 25,455 as pivots. On the upside, 25,946 to 26,182 is likely supply. On the downside, 25,113 to 25,127 are first supports, then the 50-day near 25,457. Moves with rising volume are more likely to stick than light, choppy swings.

How can Australians manage exposure to the Nasdaq Composite and tech rotation risk?

Keep position sizes modest, add in stages, and hold some cash to buy dips. Consider balancing with value or quality ETFs. NDQ and HNDQ offer local access, with hedging choices to manage USD/AUD moves. Use alerts, review weekly, and avoid chasing large opens.

Global Market Insights

^NDX Today, February 11: January Barometer Flags Tech Pullback Risk

ByDanny Kontos February 11, 2026February 11, 2026

Australia’s investors are watching the Nasdaq index today, February 11, as talk of a “January barometer” raises a risk of a tech pullback. When the Dow beats growth stocks in January, the following weeks can see money move out of mega-cap tech. That set-up is in play again. We explain the tech rotation risk and what it could mean for local portfolios. We also outline key levels on the Nasdaq index and simple, AUD-based steps to manage exposure. For index context, the Nasdaq-100 ^NDX remains in focus for many Australian investors.