The Nasdaq 100 faces a critical pivot point as a break below the 24,000 level could trigger a sharp flush toward 22,000. Upcoming futures rollovers and March expirations are poised to drive volatility amidst shifting gamma positioning.
The analysis reviews the Nasdaq-100 technical outlook using Elliott Wave theory, comparing the cash index and futures market ahead of futures rollover and key March expirations. The market is currently moving sideways with high intraday volatility, but a decisive break below 24,000 could trigger accelerated downside toward 23,000–22,000. Expiration cycles, gamma positioning, and upcoming economic data are expected to drive volatility in the coming weeks.
Video Length: 00:21:51
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