What key levels matter for the Nasdaq 100 today?

The key band is 24,300 to 24,000, where lower volatility envelopes converge above the 200-day at 23,984.42. The 50-day at 25,358.95 is near-term resistance. A bounce off support can target the 50-day. A daily close below the 200-day would signal rising downside risk.

How does a tariff-driven selloff affect Australian investors?

Tariffs can squeeze margins and cool risk appetite, which hurts growth stocks first. For Australians, returns also hinge on AUD moves. Consider whether to hedge USD exposure, expect wider overnight gaps, and keep position sizes modest while uncertainty persists. Focus on profitable tech with strong cash flows.

Is Nasdaq index today a buy on this dip?

Only with a plan. Consider staged entries near 24,300 to 24,000, with tight stops just below the 200-day. The ATR near 400 points means swings can be fast. If the index closes below the 200-day, step back and wait for momentum and breadth to improve.

Which indicators are most useful right now?

Watch RSI around 42 for a turn above 50, MACD for a bullish cross, and OBV or MFI for signs of accumulation. The lower Bollinger at 24,277.68 and Keltner at 24,271.78 frame support. ADX near 21 suggests trend is forming but not yet strong.

Global Market Insights

^NDX Today, February 24: Tariff Shock Drives Test of 200-Day Support

ByHuzaifa Zahoor February 24, 2026February 24, 2026

Nasdaq index today is under pressure as tariff headlines spark risk-off selling across tech. The Nasdaq 100 sits between its 50-day and 200-day moving averages, a zone where trend decisions often form. A first bounce is possible on the initial touch of long-term support, but a clean break could fuel faster downside. We outline the key levels, indicators, and practical steps for Australian investors, including FX and timing considerations, to manage portfolio risk and opportunity.