NASDAQ 100 Consolidates in Bullish Flag Near 25,850 – Momentum Favors Upside Continuation Despite Overbought RSI

NASDAQ was up on Tuesday morning after testing the low level of 25560 in the last trading session as Nasdaq Composite advanced 1.23% respectively. Gains came after the US and China agreed on a framework for a trade deal to be finalized by Presidents Trump and Xi this week, covering rare earth export controls, soybean purchases, and TikTok.

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Varun Sharma

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