Nasdaq Futures Experience Key Decline Amid Economic Concerns

Qinbafrank posted on X. The anticipated 'Spring Festival market' discussed in late January and early February continues to unfold. Today, the Nasdaq 100 futures weekly EMA5 fell below the EMA20, while the Nasdaq spot index is still 30 points away from this threshold, marking a critical week ahead. On a macroeconomic level, two additional factors have emerged based on last week's logic: the risk of rising crude oil prices driven by the situation in Iran, and the unexpectedly high January Producer Price Index (PPI) figures released last week.