NASDAQ 11-12-2023

Technical Analysis

By Shady Fouad On Dec 11, 2023

NASDAQ 11-12-2023.

The current prices are trading around support zone in the range of 15800-15870. If the index manages to hold above this level, it could potentially target its previous historical peak at 16780. However, this scenario would be invalidated if the support zone mentioned earlier is broken downwards.

Support	15870	15450	15150
Resistance	16780	–	–

Shady Fouad

Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.

Average Directional Index (ADX)

DOWJONES 11-12-2023

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