Nasdaq 100 closed below minor support at around 14,505 and is likely to test the next support at around 14,254 from the opening bell.
The Nasdaq 100 future/USNAS100 cfd is at the time of writing trading around that level.
However, the support at 14,254 is not the strongest support. With the negative RSI Nasdaq could is indicating lower levels.
A bearish move below the 200 Moving Average to around 13,600-13,500 is in the cards. However, the weekly 55 and 200 Moving Average are rising and could provide support around the 13,600-13,500 area
If Nasdaq 100 is closing below 14,500 at the end of the week medium-term bearish trend is confirmed.