
The unsustainable US rally will falter if the Nasdaq-100 drops to this level
Strong earnings results are pumping the US market into highs, with artificial intelligence still the key trading theme. It's become a powerful rally over the past month, even though we're seeing no end to the global oil crisis and central banks look to increase rates. The signal this US investor euphoria may be over will be in the Nasdaq-100 index, so watch the key 26,000 level.
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