NASDAQ-100 1d base rate is a mild up bias (~53%). QQQ is the epicenter of the current selloff: semis and mega-cap tech are leading declines, Alphabet -5% on AI-talent worries, Asia chip names dumped (SK Hynix/Samsung -12%), and US tech futures are sliding into the session. Strongest negative momentum of the watchlist plus a hawkish Fed backdrop updates me meaningfully past the up prior to a down call with moderate confidence; community 1d sentiment also leans down.