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Nasdaq: Dynamic fluctuations in the chart
Get the daily forecast for April 10, 2024 with chart analysis, day trading setups and a market outlook for active traders on the Nasdaq. Discover current developments and potential trading opportunities. Act responsibly!
Nasdaq: Dynamic fluctuations in the chart
The Nasdaq index went up and down yesterday, starting at 18,312 points and rising to 18,400 points before falling back below the 18,200 point mark. However, it was able to recover slightly in the late afternoon and closed above 18,350 points. On the 1-hour chart, it was seen that the Nasdaq broke away from the SMA20 and rose up to the SMA200, but did not stay above it. A possible return to the highs would be possible if the index closes above the SMA200 and the upward movement towards the 18,500 points continues. It remains to be seen whether the bulls can stabilize the index in this direction.
It is important to consider the risks of trading and act responsibly. Trading CFDs involves risks that should be carefully considered. It is recommended to familiarize yourself with how CFDs work to avoid losses. Care should be taken to ensure that financial analyzes are complete, unbiased and comply with all legal requirements.