US Nas 100

USNAS100 | AI Momentum and Iran Deal Hopes Support the Rally

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USNAS100 | AI Momentum and Iran Deal Hopes Support the Rally

Wall Street remains supported by strong AI-driven momentum as investors continue to favor technology stocks, while cautious optimism surrounding a potential U.S.-Iran agreement is helping maintain positive market sentiment.

However, negotiations remain unresolved, meaning any negative geopolitical developments could quickly trigger profit-taking and increase volatility.

Technically:

Above 30200 bullish toward 30400 – 30660
Below 30200 correction toward 30030 – 29850

• Pivot: 30200
• Support: 30030 – 29850
• Resistance: 30400 – 30660

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