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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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.
