StoneX Trading Logo

Shares market

Nasdaq Eyes Major Breakout While Oil and Geopolitics Keep Investors Cautious

Razan Hilal, FOREX.com Market Analyst, examines why the Nasdaq, Dow Jones and U.S. banking sector are approaching critical technical levels despite strong earnings, softer U.S. inflation and robust AI-related results. She explains how renewed Middle East tensions, higher oil prices and investor caution are creating conditions for a major market breakout or pullback, highlighting the key technical levels traders are watching.

Nasdaq's Hidden Signal Before Earnings Season

The Nasdaq is consolidating just below record highs in a possible symmetrical triangle as investors rotate from tech and AI stocks into cyclical sectors ahead of a key earnings week. Razan Hilal, CMT, FOREX.com Market Analyst, maps the breakout and breakdown levels, the Fibonacci zones behind them, and why second half 2026 guidance may matter more than the quarter numbers.

Nasdaq's Next Move Hinges on One Critical Level

Nasdaq and the Dow Jones are at critical technical crossroads, with Fibonacci levels, RSI divergence, and multi-year channel resistance now defining where US equity markets move next. Razan Hilal, CMT, Market Analyst at FOREX.com, breaks down the exact support and resistance levels that will determine if the post-selloff rebound in US indices holds or extends lower.

S&P 500 forecast: Stocks in need of fresh catalyst

The S&P 500 has been bolstered by a bullish run that began in April. It’s been a steady climb, with several tailwinds lifting sentiment along the way — from Trump’s decision to delay reciprocal tariffs deadline, a welcome calming of tensions in the Middle East, to the US approving the “big, beautiful bill” of tax and spending policies that form the core of Trump's second-term agenda.

Open

an account

Fund

via card or bank transfer

Trade

thousands of markets

Get closer to opportunity today