3 min readNASDAQ (NDX):
The NASDAQ has finally broken into new all-time highs (ATHs), showcasing growing strength. This index appears to be gaining momentum and currently outpacing the S&P 500.
Examining the technicals more closely, it’s evident that the price has held firmly in the resistance-turned-support region, aligning perfectly with the 50% level on the Fibonacci tool, where price rebalancing occurred. Currently, the RSI indicator does not suggest overbought conditions, but I’ll be monitoring it closely for any further signals.
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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.
