Technical Analysis of the Nasdaq Index
The Nasdaq index is trending upward on the 4-hour timeframe. Prices are currently trading around 23,730 after bouncing higher from an order block on the 4-hour timeframe. Prices have also formed an IFVG around 23,690, from which a further bounce to the upside is expected. It is worth noting that prices are also trending upward on the daily and weekly timeframes, which supports the likelihood of a continued uptrend on the lower timeframes.

Key Economic News
There are no major news events today; therefore, price action is expected to be relatively calm.

Liquidity Levels
Prices are expected to rise and target 23,870 and then 23,985.
The bullish scenario on the 4-hour timeframe is invalidated if a 4-hour candle closes below 23,480.