
Clear Uptrend on the NASDAQ Index
The NASDAQ index is moving in an upward trend on the 4-hour timeframe. Prices bounced higher from the 23,333 level, which represents a VIM zone. Notably, the index continues to trend upward across most timeframes. Further upside is expected during today's session.
U.S. Job Data in Focus
The U.S. dollar awaits today's release of job openings and labor turnover data. These figures will significantly influence dollar movements and, consequently, affect indices like the NASDAQ.
Key Liquidity Levels in Sight
Prices are expected to rise toward 23,550 and then 23,600.
The bullish scenario will be invalidated if the index revisits the 23,205 level.