Rate hike fears, a Korean chip rout, and an Iran escalation broke a key support level. Here’s what needs to happen for buyers to take it back.

If you trade the Nasdaq 100 through QQQ, futures, or CFDs, here’s a closer look at what drove this week’s move and what could matter most next week.

The Nasdaq 100 closed lower four of five sessions this week. A semiconductor-led selloff drove most of the damage, with rate hike concerns adding to the pressure throughout.