The Nasdaq holds its cautiously bullish tone after breaking past R1 resistance, supported by expectations of rate cuts and AI-led growth momentum. Attention now turns to Microsoft and Amazon, both reporting this week, which could set the tone for Q4 tech performance.
Key Levels: Support at 25,067.1 | Resistance at 25,969.2
Investor Takeaway: RSI at 73 above its MA line trending sideways-up with flat MACD selling pressures; strong positioning ahead of earnings but limited upside until results confirm outlook.