Nasdaq Stable at the Top!Nasdaq 100 SPOTCFI:US100CFIDespite the Nasdaq index declining by around 0.15% in yesterday’s session and stabilizing near the 26,580 level, its overall trend remains upward, especially after breaking above the horizontal resistance level at 26,300. The attached chart shows that, in the short term, price action is moving sideways within a defined range, with 26,400 acting as a support level and 26,750 as a resistance level. Stocks have fully recovered their losses resulting from tensions in the Middle East, with major indices jumping to record highs, surpassing levels seen before the outbreak of those tensions. This comes as investors scale back geopolitical risk hedging and redirect liquidity toward the technology sector.