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Nasdaq Index continues to hit record highs

Technical Analysis
By Ahmed Ashraf
Nasdaq Index continues to hit record highs
0 2

NASDAQ

الناسداك 15-9-2025

Nasdaq is trading in a medium-term uptrend, which opens the way for prices to rise and form new highs. However, if the $23,950 support zone is broken to the downside, prices may retest the $23,550 level during today’s session.

Support

 23950 23550 –
Resistance 24150 24500

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Nasdaq Index recorded a notable rise in today’s trading, supported by growing risk appetite in technology stocks as the Federal Reserve’s interest rate decision approaches. Optimism over a potential rate cut boosted investor flows into growth stocks, particularly in the artificial intelligence and semiconductor sectors, helping the index recover part of its recent losses. This performance reflects how investors are balancing expectations of monetary easing against the risks of economic slowdown, with a clear inclination toward favoring high-yield stocks in the near term.

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Ahmed Ashraf

Technical Analyst & Economic Researcher at LDN Global Markets

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