Technical Analysis of the NASDAQ Index
The NASDAQ index is moving in an uptrend on both the daily and four-hour timeframes. Prices have formed an FVG on the four-hour chart around the 24,932 level, which is considered an important buying area where prices are expected to rebound upwards if revisited. These levels are seen as key buying zones, and the overall outlook suggests that prices may rise further today.
Key Economic News
Today, no major economic data will be released, including the US Non-Farm Payrolls report and Average Hourly Earnings, due to the government shutdown. These reports may be released to the public on Monday or Tuesday if the crisis is resolved.
Liquidity Levels
Prices are expected to rise and target the 25,100 level, followed by the 25,250 and 25,400 levels.
The bullish scenario will be invalidated if prices revisit the 24,855 level.
