Nasdaq Intraday AnalysisUS Tech 100 Cash ($100)IG:NASDAQNadia_farhatOn the chart, Nasdaq is consolidating above crucial psychological support of 23500, creating a bullish cup & handle pattern However, the prices despite Governor Cook's news failed to break the 0.618 Fib level (23586), Still, Trump’s firing of Fed Governor Lisa Cook has created majority in the Fed, which has risen prospects of deeper rate cuts. And lower rates historically support tech stocks. Therefore, if prices breaches the immediate resistance at 0.618 Fib level (23586), then the US tech index will continue its bullish momentum toward 23756–23,970. What Indicators are indicating: 1) RSI is hovering in the buying zone near 58, showing momentum is recovering but not yet overbought — room for further upside. 2) Bollinger Bands are widening slightly and turning their trend toward up-side, hinting at increasing volatility and potential for breakout trades. Overall bias: Buy on dips toward 23500–23450 zones with targets at 23756 and 23950 intraday.