Nasdaq Today states: "Fold that short."
Opinion: You do not want to be shorting this market (Nasdaq) when the price has reclaimed this channel (daily timeframe). Nasdaq futures bounced back substantially after reaching roughly 26,366.50 on November 6.
In this article
In the latest Nasdaq today update, Opinion: You do not want to be shorting this market (Nasdaq) when the price has reclaimed this channel (daily timeframe), according to investingLive. Nasdaq futures bounced back substantially after reaching roughly 26,366.50 on November 6.
Key points
- The area roughly 27,780-27,813 could be particularly key in determining whether the recovery survives for market players.
- Nasdaq futures advanced about 362 points, even with recording negative net trading Delta.
- The sharp technology-stock decline on Thursday, November 5, left many market participants questioning whether the market was entering a deeper correction.
- Additional positive buying-pressure observations during the November 10 evening session gained ground the case that the recovery was attracting participation.
- A crucial observation occurred during the 10:00 a.m.
What happened: Nasdaq today
The latest price and order-flow proof favors an early bullish recovery, but not a verified long-term reversal. The area roughly 27,780-27,813 could be particularly key in determining whether the recovery survives for market players. The sharp technology-stock decline on Thursday, November 5, left many market participants questioning whether the market was entering a deeper correction.
A crucial observation occurred during the 10:00 a.m. Nasdaq futures advanced about 362 points, even with recording negative net trading Delta.
Additional positive buying-pressure observations during the November 10 evening session gained ground the case that the recovery was attracting participation.
Why traders are watching Nasdaq today
Equity moves reflect expectations for earnings, interest rates and economic growth. Strong or weak results from large companies can shift sentiment across whole sectors and indices.
Stock-market sentiment also spills over into currencies: risk-on moods tend to favour higher-yielding currencies, while sell-offs often support safe havens.
Market reaction and data
Crypto prices at the time of writing, from Binance spot data (2026-11-11 06:12 UTC):
| Asset | Last price (USDT) | 24h change | 24h high | 24h low |
|---|---|---|---|---|
| Bitcoin (BTC) | 73,842.01 | -1.22% | 74,996.01 | 72,727.27 |
| Ethereum (ETH) | 2,067.34 | -2.54% | 2,125.22 | 2,006.00 |
On the currency side, the latest ECB daily reference rates (2026-11-10) show EUR/USD 1.1214, GBP/USD 1.3423, AUD/USD 0.6904, NZD/USD 0.5628, USD/JPY 158.18, USD/CHF 0.8207, USD/CAD 1.4136, USD/CNY 6.6703. These are reference fixes, not live quotes.
What to watch next for Nasdaq today
Traders will track upcoming earnings, guidance from company management, bond yields and macro data that could change the rate outlook.
Key scheduled releases on the economic calendar:
- GBP GDP m/m on Thu Nov 12, 07:00 UTC, forecast 0.0%, previous 0.1%
- USD Core PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.3%, previous 0.7%
- USD PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.4%, previous 1.3%
Follow every update in our Top 10 Forex News Today, read Three reasons Goldman has added another Fed tightening move to its forecast, higher and higher! or see all of today's top market news.
FAQ
What is the latest Nasdaq today news?
Opinion: You do not want to be shorting this market (Nasdaq) when the price has reclaimed this channel (daily timeframe).
Why do stock markets react to interest rates?
Higher rates raise borrowing costs and reduce the present value of future profits, which tends to weigh on stock valuations, especially for growth companies.
Where does this information come from?
This report is based on coverage from investingLive, checked against market data where available. It is a summary for information only and not investment advice.
Risk warning: This article is for information only and is not investment advice. Trading forex, CFDs, stocks and crypto carries a high risk of losing money. Prices move fast – check live quotes before you trade.
