Nasdaq futures surge - Is the adjustment over?

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The Nasdaq futures, which had been plummeting crazily, made a sharp rebound between 1 and 2 am today.

As shown in the picture, at this level on an hourly chart basis, a trend reversal is possible.

It happened faster and more suddenly than expected, so I looked into the cause, and it seems like external variables.

These include the resumption of negotiations with Iran, a change in attitude by the Revolutionary Guards - oil price decline and a truce in negotiations with China.

Korea is really experiencing a crash and surge as if heaven is helping us for Chuseok. If this momentum continues tonight, the Nasdaq futures seem likely to rise.

Micron's rebound from the top of the trend is also good.

If Samsung starts with a gap up early next week based on the 20-day line of the weekly chart, the beginning itself doesn't seem hopeless and it raises expectations. I hope it keeps going up. Expectation.

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