Tag: Nasdaq index analysis
Trading Analysis: NASDAQ Index Ping-Pongs Near Highs Between Hourly Moving Averages
The NASDAQ index is currently hovering near its session highs as traders aim to retest its 50-hour moving average, which is at 18418.93. The price has already hit 18413.38. This represents a possible increase...
Nasdaq Technical Analysis: Bullish Trend Continues Amid Risk-On Sentiment
Nasdaq Technical Analysis: Bullish Trend Continues Amid Risk-On SentimentThe Nasdaq has been experiencing a bullish trend in recent days, with positive news on the inflation front and a more dovish stance from the Federal...