3 min readNASDAQ (NDX):
NASDAQ has been another intriguing asset to trade and monitor as we enter the new year. It is currently trading just above $21,000.00.
A closer analysis of the technicals reveals that the price has broken below and retested the internal ascending trend line, with a clear rejection of price action around the $21,750.00 level. Currently, the RSI indicator does not show signs of the price being “overbought” or “oversold,” suggesting that the market is trading in a relatively neutral zone at the moment.
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