NASDAQ 9-1-2024

Technical Analysis

By Shady Fouad On Jan 9, 2024

NASDAQ 9-1-2024.

The NASDAQ index is trading within the short-term in a side-way range, with the 16,830 level acting as resistance. It is likely that this zone will limit the upward movement, and in such a case, prices may revisit the support zone around 16250.

Support	16250	16000	15800
Resistance	16830	17100	–

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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