NASDAQ 5-2-2024

Technical Analysis

By Shady Fouad Last updated Feb 5, 2024

NASDAQ 5-2-2024.

prices are trading in an upward trend, above the support area at 17100. If they continue to stay above this level, we may resume the upward trajectory. However, if the support at 17100 is broken, we could retest the area around 16650.

Support	17350	17100	16900
Resistance	17700	18000	–

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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