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NASDAQ 26-12-2023

Technical Analysis
By Shady Fouad
0 26

NASDAQ 26-12-2023

NASDAQ 26-12-2023.
The index is trading around its previous historical peak within the range of 16800. If the index successfully consolidates above this peak, prices are expected to resume the upward trend. However, if the minor support zone within the range of 16635 is breached, we may see a retest of the main support zone at 15800.

Support

 16700 16600 16450
Resistance 17000 17150

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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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