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Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, November 21, 2024.
01:13 2024-11-21 UTC--5

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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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.