Outlook: Cautiously Bullish
Timeframe: 1 Day
Technical Outlook
- RSI and MACD remain bearish despite strong earnings prints (notably AVGO).
- Market attention is shifting to balance sheet and credit concerns, particularly around large enterprise software names.
- Further downside risk persists unless upcoming data improves macro visibility.
Key Levels
Support: 24,902.9 │ Resistance: 25,816.5
Investor Takeaway
Earnings alone are insufficient to lift tech; rate clarity and credit confidence are now required.
