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Nasdaq in free fall, semiconductors crash 12% – Short-term bounce or more pain ahead? [Video]

Nasdaq 100 approaches critical support at 26,182 as bearish reversal patterns signal further downside. S&P 500 and Nikkei tumble, while technology, AI, cybersecurity and even defensive sectors face he

Summary

Global stock markets are under severe selling pressure. The Nasdaq 100 plunged more than 6%, approaching critical support at 26,182, while the S&P 500 risks further declines towards 7,147. Japan’s Nikkei futures dropped as much as 9%, with downside risk towards 55,000.

Semiconductors crashed 12%, while AI, cybersecurity, healthcare, biotechnology and financials also suffered heavy losses. Bearish reversal patterns across multiple sectors suggest further downside risks.

A short-term rebound is possible, but the risk of another wave of selling remains high.

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Author

Kim Cramer Larsson

Kim Cramer Larsson hosts the Daily Technical Update, a daily 15-20 minutes video with live charts.

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