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NASDAQ index up another 2.16%

NASDAQ index up another 2.16%

After rising by 2.56% on Friday, the NASDAQ index is up another 2.19% today. The index is currently trading at 10801 up 231.97 points or 2.19% on the day. The high price reached 10807.26 so far.

Looking at the hourly chart, the high price tested its 200 hour moving average at 10807.10. A move above that level would have traders targeting the 50% retracement of the move down from the December 13 high. Recall that the high on that day was after the better-than-expected CPI report. However... Read More

Posted: Jan 9 2023, 16:33
Author Name: forexlive
Views: 102558

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