NASDAQ 100 Rebounds Above Support, Eyes 23,989 Resistance as RSI Holds Steady Near 55

NASDAQ was up on Thursday morning after testing the low level of 23372 in the last trading session as the chipmaker is expected to post 49% earnings growth and 53% revenue growth year-over-year, though it warned of an $8 billion impact from US trade restrictions on China. Elsewhere, MongoDB surged 38% and Okta rose 1.6% after both topped forecasts, driven by strong AI-related demand that lifted sentiment ahead of Nvidia’s results.

Recent News

Yellow Metal Continues to Shine, Whats N...

October 18, 2024

Market Insights

AUDUSD made a Doji on daily time frame

December 12, 2024

Market Insights

Dow Jones (US30) Breaks Major Resistance...

July 24, 2025

Market Insights

Gold price stalls intraday recovery from...

November 26, 2024

Market Insights

AUDUSD gave death crossover in 4Hr time...

October 23, 2024

Market Insights

Ana

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window