NAS100 Attempts Bullish Breakout Above 23,388 After Retesting Resistance; RSI Still in Overbought Zone
NASDAQ was up on Thursday morning after testing the low level of 22936 in the last trading session as the Nasdaq Composite advanced 1.21%, driven by strong corporate earnings. Sentiment was also buoyed by rising expectations of a Fed rate cut in September, with odds climbing above 93% after weaker labor data.
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