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Consecutive rises for the Nasdaq index

Technical Analysis
By Ahmed Ashraf
Consecutive rises for the Nasdaq index
0 5

NASDAQ

الناسداك 28-1-2026

The Nasdaq Index is trading in a medium term uptrend, which opens the way for further price gains and the formation of new highs. However, if prices break below the $25,850 support level, a retest of the $25,350 area may occur during today’s trading.

Support

 25850 25350
Resistance 26500

27000

The Nasdaq Index delivered a positive performance during the session, extending its gains with strong support from technology stocks, particularly companies linked to artificial intelligence and semiconductors, which once again led the bullish momentum in the U.S. market. This advance reflects improved risk appetite among investors as they await earnings results from major corporations and the Federal Reserve’s monetary policy decision. The index also held above key support levels, strengthening the case for further upside in the near term, although markets remain vulnerable to some volatility ahead of key events.

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Ahmed Ashraf

Technical Analyst & Economic Researcher at LDN Global Markets

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