The Nasdaq continues its upward climb, supported by robust earnings optimism and AI infrastructure momentum. Investors remain focused on mega-cap earnings as the Magnificent 7 reporting cycle unfolds. Despite inflation uncertainty, the tech sector’s structural demand story—led by data centers and chipmakers—remains intact.
Key Levels: Support at 25,067.1 | Resistance at 25,767.8
Investor Takeaway: RSI at 83 trending sideways-up with flat MACD buying pressures; overbought signals suggest potential near-term pause amid strong earnings sentiment.