Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, November 21, 2024.
Technical analysis
2024-11-21 06:13:51
With the appearance of deviations between the Nasdaq 100 index price movement and the Awesome Oscillator indicator on the 4-hour chart, it gives an indication and confirmation that in the near future #NDX has the potential to strengthen upwards to the level of 20770.9 where if this level is successfully broken and #NDX successfully closes above that level then in the near future as long as there is no further weakening correction that breaks and closes below the level of 20307.6 the Nasdaq 100 index has the potential to strengthen to the level of 21246.3 as its main target and if the momentum and volatility support it then #NDX will continue to strengthen again to the level of 21697.5.
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