π The Nasdaq has officially shattered the 21,000 mark β a fresh all-time high β powered by tech strength and cooling inflation. But does this signal a new bull market or just a short-term breakout?
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π Whatβs Driving the Surge?
1. AI Mega Cap Momentum
β’ NVDA, MSFT, GOOGL continue to lead with strong earnings and AI tailwinds π€
2. Rate Cut Expectations
β’ Fed pivot possible by Q4 2025 as inflation eases β¬οΈ
3. Economic Resilience
β’ U.S. GDP remains strong, job market cooling just enough for a soft landing π±
4. Tech Earnings Beat
β’ 78% of Nasdaq companies have beaten earnings estimates this season β
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π Technical Analysis Snapshot
β’ Breakout Zone: Above 21,000 confirms bullish continuation πβ‘οΈπ
β’ Next Resistance: ~21,500
β’ Support to Watch: 20,400β20,600 range
β’ RSI Level: Currently near 68 β approaching overbought, but not extreme yet
π This breakout is supported by volume, not just hype β a bullish sign.
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