Nasdaq 100: Short-Term Bullish Trend Remains Intact Above 24,535 Key Support

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Key takeaways Bullish momentum intact above 24,535 key support despite recent profit-taking in mega-cap tech stocks. AI-driven optimism continues to fuel upside, supported by massive investments from Nvidia and Oracle into OpenAI. Positive market breadth as more Nasdaq 100 stocks are trading above 20- and 50-day moving averages. Next resistance zones at 24,890, 25,010/25,100, and […]

The post Nasdaq 100: Short-Term Bullish Trend Remains Intact Above 24,535 Key Support appeared first on Action Forex.

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