The Nasdaq maintains a cautiously bullish outlook with Nvidia earnings on Wednesday expected to dictate sentiment into year-end. Options imply a massive ~$300B move. Tech earnings remain strong overall, though concerns persist around accounting adjustments—such as extending asset depreciation life—to smooth results.
Key Levels: Support 24,865.9 │ Resistance 26,333.7
Investor Takeaway: RSI 55 converging upward; MACD shows emerging buying pressures. Strong fundamentals but market direction hinges on NVDA guidance.