Nasdaq Hits Record High, Eyes 18800 as Rate Cuts Loom
The Nasdaq reached a new record level, along with other US major indices futures, as the FOMC meeting was beneficial for risk-taking. The rally can continue with the current projections toward rate cuts this year starting in June. The next target is at 18800.
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
18800 |
18600 |
18400 |
18000 |
17600 |
17400 |