Fundamental: The Nasdaq Composite rose about 0.3%–0.4%, closing at fresh record highs for a second straight session.
Gains were driven by optimism over U.S.-Iran talks and a Middle East ceasefire, boosting risk appetite.
The index extended a strong rally, marking its longest winning streak in years (around 12 sessions).
However, upside was capped by stock-specific pressure, notably a sharp drop in Netflix shares after weak guidance.
NASDAQ TECHNICAL ANALYSIS
Technical Structure: Spinning Top on Daily, Trading Above 20SMA on Daily, Consolidation on 4H, Bullish Flag on 1H
Weekly Trend: Bullish
Intraday Trend/ Intraday Strategy: Bullish/ Buy on Breakout, Buy on Support
Major Support: 26000, 25700, 25300
Major Resistance: 26430 (ATH LEVEL)
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