empty
 
 
nl
Ondersteuning
Direct openen van een account
Trading Platform
Storting/opname

24.11.202317:19 Forex Analyse & Reviews: Technical analysis on NASDAQ for November 24th, 2023.

Exchange Rates 24.11.2023 analysis

Red line -resistance trend line (broken)

Blue lines- RSI bearish divergence signs.

Nasdaq is trading around 15,970. There are increased chances that the top is in and we are at the early stages of a reversal. Technically trend remains bullish as price continues making higher highs and higher lows. The RSI is making lower highs providing us with bearish divergence signs. The index has made an impressive almost vertical rise during the last 30 days breaking above key resistance trend line. At current levels we believe that it is more probable for price to make at least a pull back to back test the broken trend line. The RSI has provided us with a first warning. A break below 15,860 will be our first sell signal if and when it comes.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Alexandros Yfantis,
Analytical expert of InstaSpot
© 2007-2024
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

Kan u nu niet praten?
Stel uw vraag in de chat.