NASDAQ 12-12-2023

Technical Analysis

By Shady Fouad On Dec 12, 2023

NASDAQ 12-12-2023.

Current prices are trading above a significant support zone in the range of 15800-15870, which could potentially lead the index towards its previous historical high of 16780. However, this scenario would be invalidated if the support zone mentioned earlier is broken downwards.

Support	16100	15870	15450
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.

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