Indices Stall at Resistance as Cross-Asset Trends Turn Listless
The Nasdaq 100 was rejected at 30,326 and the Dow tested Fibonacci support near 53,547, while copper, natural gas and bitcoin all coiled inside narrow ranges signalling a market awaiting a catalyst.
Equity benchmarks failed at overhead resistance and cross-asset momentum faded, with copper, natural gas, gas oil and bitcoin all trading in compressed ranges as directional conviction thinned.