NDXUSD
The Nasdaq100 index is drawing attention as global markets show signs of recovery following the Christmas holiday. During this period when European markets are on holiday, new unemployment claims data from the U.S. could determine the market's direction. Economic stimulus news from China, in particular, is having a positive impact on Asian markets, and U.S. index futures are also trending upwards. In light of the day's economic data and the post-holiday recovery trends in the markets, the year-end performance of Nasdaq100 is a matter of considerable interest.
Technically, the Nasdaq100 is currently trading above 21800, maintaining its short-term positive outlook. If the index continues to rise, it could test the first resistance level of 22100. Sustained movements above this level suggest momentum could build towards the 22200 and 22300 resistances. The RSI indicator is displaying a positive outlook, and the index has recorded a 0.23% increase compared to the previous day. In the event of potential pullbacks, the support levels of 22000, 21900, and 21800 should be monitored. Especially persistent movements below the 21800 level could bring the risk of a new pullback towards the 21200 level into focus.
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