NASDAQ 15-1-2024

Technical Analysis

By Shady Fouad On Jan 15, 2024

NASDAQ 15-1-2024.

The Nasdaq index is trading in a short-term sideways range, having breached the level of 16830 to the upside. In this scenario, the next potential target could be 17100. However, it is likely that this level might act as a resistance and limit further upward movement.

Support	16600	16500	16250
Resistance	17100	17350	–

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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