3 min readNASDAQ (NDX):
The NASDAQ has also been active following Trump’s election to the presidency. As shown below, price action has reached a new all-time high of approximately $21,100.00.
Looking more closely at the technicals, I will be monitoring price action to see if it begins to rebalance around the 50% level on the Fibonacci tool. Once we observe some rebalancing into these discounted price levels, I’ll be interested to see if they hold as support, allowing for a potential continuation to new highs.
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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.
