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NASDAQ 19-10-2023 .

Technical Analysis
By Shady Fouad
0 32

NASDAQ 19-10-2023 .
The prices are currently moving in a down trend on the short-term, with the 15,500 range acting as a resistance zone. As anticipated, selling pressure appeared in this area, causing a decline in prices. It is expected that the support zone will be tested again, and if the 14,500 level is broken , we may see a continuation of the bearish sentiment .

Support

 14700 14500 –
Resistance 15400 15600

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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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