NASDAQ 100 Forms Bullish Pennant Near 23,500 RSI Above 63 Suggests Momentum for Upside Breakout

NASDAQ was up on Monday morning after testing the low level of 23001 in the last trading session as Nvidia and CrowdStrike are set to report results on Wednesday, followed by Dell and Marvell on Thursday. Attention will also turn to Friday’s release of the July personal consumption expenditures price index, the Federal Reserve’s preferred inflation gauge. 


Recent News

GBPUSD Analysis

October 11, 2024

Market Insights

Dow Jones Struggles Near 45,000 as Beari...

August 19, 2025

Market Insights

Gold attracts buyers in early European S...

October 24, 2024

Market Insights

GBPJPY facing a daily resistance

December 13, 2024

Market Insights

Dow Jones Trades Near Key Support as Bea...

March 13, 2025

Market Insights

Ana

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window