NASDAQ (US Tech 100) Weekly Market Overview: Key Levels, Fibonacci Insights & Outlook

Introduction

The NASDAQ (US Tech 100) enters the week trading near a critical technical zone after an impressive recovery from recent lows. While bullish momentum has improved significantly, the index is approaching key resistance levels that could determine whether buyers remain in control or sellers regain momentum.

This week's analysis explores the current trend, important support and resistance levels, Fibonacci retracement zones, technical indicators, and potential market scenarios for traders to monitor.

Trading Psychology: Why Most Beginner Traders Lose Money (2026 Guide)

Many beginner traders spend countless hours searching for the perfect strategy, indicator, or trading system. They believe success comes from finding a magical setup that wins every trade.

The reality is very different.

Most traders do not fail because of their strategy. They fail because of their psychology.

Fear, greed, impatience, revenge trading, and unrealistic expectations destroy more trading accounts than any market condition ever could.

At SMV Trading, we believe that understanding trading psychology is one of the most important steps toward becoming a disciplined and consistent trader.

In this guide, you'll learn why psychology matters, the emotional mistakes beginners make, and how to develop the mindset needed for long-term improvement.

The Flash Crash (2010): When Markets Collapsed in Minutes

💥 Introduction: The Day Algorithms Took Over

On May 6, 2010, global financial markets experienced one of the strangest and most terrifying events in modern trading history.

In just minutes:

• The Dow Jones Industrial Average plunged nearly 1,000 points
• Billions of dollars vanished temporarily
• Major stocks crashed to absurd prices
• Some companies briefly traded for pennies

Then, almost as suddenly as it began…

👉 The market recovered.

This bizarre event became known as the Flash Crash.

It exposed dangerous weaknesses in modern electronic trading systems and raised a terrifying question:

What happens when algorithms lose control?

Gold (XAUUSD) | May Weekly Market Overview

🧭 Introduction

Gold enters the new trading week trading near a major technical decision zone, following a period of consolidation after a strong bullish rally. Traders are closely watching price action as the market tests key support and resistance levels that could shape the next major move.