Nasdaq maintains cautious bullish outlook, heading toward double top following strong earnings season. Highly dependent on interest rate environment—with market pricing in rate cut, Nasdaq expected to continue bullish momentum alongside S&P 500.
Key Levels: Support at 24,902.90 | Resistance at 25,816.50
Investor Takeaway: Double top formation critical test; rate cut expectations supporting but technical pattern warrants caution at resistance level.
