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The NASDAQ100 index is in a recovery trend as the impact of earnings reports exceeding expectations and increases in 10-year treasury bond yields diminish. However, rising geopolitical risks in the Middle East and the upcoming U.S. presidential elections are heightening investors' risk perception. Rate cuts by the People's Bank of China and the mixed performance in Asian markets also influence global market dynamics. These developments could cause the NASDAQ100 index to fluctuate amidst strategic decision-making phases.

Technically, the NASDAQ100 index is trading in the 20250 – 20500 support-resistance range on the chart. It can be said that the index is at a decision point in this area, supported by the 21 and 89-period exponential moving averages. The RSI indicator is at the 45 level, exhibiting a neutral outlook. In upward movements, if the 20500 resistance is surpassed, the levels of 20650 and 20750 may be targeted. In downward movements, breaking the 20250 level could bring the 20150 and 20000 levels into focus. The index has shown a 0.12% decrease compared to the previous day.