Current price: 30960

Key point: 30935
Our preferred strategy: Buy positions above 30935 with a first target of 31100 and then a second target of 31365.

30250 Alternative: Stop loss and trend reversal upon breaking the 30715 level, targeting the following levels


Technical commentary
The Nasdaq index reached the pivotal support level of 30935, coinciding with the upward trend line from last month's low. A rebound to 31100 and then 31365 is expected.