Nasdaq Approaches Major Resistance Hurdle

٢٦ مايو ٢٠٢٣

#NDX is now within striking distance of a key resistance zone we've been tracking for months now at 14327/49- a region defined by the April 22' uncovered gap and the objective 61.8% retracement of the 2021 decline.

Looking for possible price inflection into this threshold IF reached.

Michael Boutros, Sr Technical Strategist with FOREX.com
Twitter: MBForex

MBForex