3 min readNASDAQ (NDX):
The indices markets have also shown a strong rally following the U.S. election results. We are currently trading above $20,000, up over 1.3% for the day.
A closer look at the technicals shows that we briefly dipped below this internal ascending trend line before resuming an upward trajectory. Now, the question is: can the NASDAQ reach new all-time highs? We’ve observed a significant divergence between the S&P 500 and the NASDAQ, with the S&P 500 already breaking into new highs. The RSI indicator currently shows no signs of the price action being overbought or oversold, suggesting balanced momentum.
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The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.
The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money.
The Company does not accept clients from the Restricted Jurisdictions as indicated in our website/ T&C. Some services or products may not be available in your jurisdiction.
The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.
