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Nasdaq 100 Futures Face 50-Day Moving Average Test as Chip Selloff Pressures Tech
FORECASTSJUL 7, 2026
Nasdaq 100 Futures Face 50-Day Moving Average Test as Chip Selloff Pressures Tech
September E-mini Nasdaq-100 Index futures traded lower in Tuesday’s pre-market session as global chip weakness pressured technology sentiment. Traders are watching the 50-day moving average at 29590.29 as the level that may define the session’s tone.