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Daily Technical Analysis Research 10.01.2025 – Global Markets (NASDAQ)

NASDAQ (NDX):

NASDAQ has been another intriguing asset to trade and monitor as we enter the new year. It is currently trading just above $21,000.00.

Daily Technical Analysis Research 10.01.2025 - Global Markets (NASDAQ) - ih3EEAW0

A closer analysis of the technicals reveals that the price has broken below and retested the internal ascending trend line, with a clear rejection of price action around the $21,750.00 level. Currently, the RSI indicator does not show signs of the price being “overbought” or “oversold,” suggesting that the market is trading in a relatively neutral zone at the moment.

Daily Technical Analysis Research 10.01.2025 - Global Markets (NASDAQ) - MbqdFLrT

 

Author

Matthew Hayward
Matthew is a well-experienced Market Analyst with a key focus on both Fundamental and Technical Analysis. He has experience in covering various market topics including Cryptocurrency, Foreign Exchange, Indices, and Commodities. He looks to provide we...
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