Nasdaq remains cautiously bullish ahead of Nvidia’s earnings on Wednesday, with options-implied move of ~$300B likely to drive year-end sentiment. Tech earnings were strong last quarter, though debate continues regarding earnings quality (e.g., asset-life extensions, accounting flexibility).
Key Levels: Support 24,865.9 | Resistance 26,333.7
Investor Takeaway: RSI 33 trending sharply down with MACD selling pressures building. Strong tech fundamentals offset by pre-earnings positioning and accounting questions.