Technical Analysis of Nasdaq Index
The Nasdaq index is moving in an upward trend on the weekly timeframe, while showing a sideways movement on the daily timeframe. On Monday, prices formed a sideways move on the hourly chart. At the start of Tuesday, prices declined to sweep liquidity below last week’s low. Prices dropped to levels of 22,955, which is expected to be the lowest price of this week’s candle. Currently, prices are trading near the 23,410 level, and a one-hour candle close above this level is required to start looking for buying opportunities.

Key Economic News
The US dollar is awaiting today’s Job Openings and Labor Turnover data. These figures will affect the markets and indices in general.

Liquidity Levels
Prices are expected to rise and target 23,630, followed by 23,760. The bullish scenario is invalidated if prices revisit the 22,955 level.