3 min readNASDAQ (NDX):
The Nasdaq still appears to be lagging behind the S&P 500. Currently trading just above $20,500, it seems to be gradually approaching it’s all-time highs. I’m interested to see if this momentum will continue and push the index back to those levels.
A closer analysis of the technicals reveals that we are nearing a key level on the RSI indicator, which aligns with the all-time high around $20,600. This will be an important tool when trading in new price discovery areas, especially if we break structure and push into new all-time highs.
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