Futures edge higher as the prospect of Sept rate cut grows
Nasdaq Technical Analysis The price still consolidating between 19625 and 20100.
Bullish Scenario: A correction to 19770 is possible before resuming the bullish trend, in general Stability above 19625 will support a bullish trend to 20100
Bearish Scenario: A bearish move could unfold if the price breaks below 19,625, confirmed by a 4-hour candle close beneath this level, potentially leading to a drop towards 19,390 and a test of the 19,210 support. in the short term stability under 19770 will support falling to get 19625
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