Nasdaq, Inc.
Short

The Nasdaq reaches a critical resistance and could reverse.

163
The Nasdaq is forming a falling triangle pattern. It has been in an uptrend since October 2023, as have the stocks that comprise the Nasdaq. At the moment, it is approaching the resistance line on the upside and could get rejected. What does this mean for the other stocks?

- On the 3-line indicator, the mid-trend line (blue) crosses below the long-trend line (green), which is bearish.

- On the RSI, the RSI line crosses below the moving average, indicating a reversal.

The last time this happened was in November 2022.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.