Nasdaq Expects Correction or Extension as NFP, RSI Divergence Loom

Nasdaq futures are up again after yesterday's strong positive performance, as the markets await NFP data today. A potential divergence in the RSI (Relative Strength Index) is also becoming apparent. The index is currently considered overbought, with growing confidence that June is the next date for starting the rate cut which is fundamentally bullish for markets. These elements will be crucial in determining whether the index undergoes a correction or continues its upward trend, especially as the appetite for risk remains high.

Resistance 3	Resistance 2	Resistance 1	Support 1	Support 2	Support 3
18800	18500	18350	18000	17700	17400