With the Descending Broadening Wedge pattern being broken as well level 100 being broken on CCI indicator on the 4-hour chart, the Nasdaq 100 index means that #NDX has the potential to appreciate upwards to the level of 12507.9 as long as there is no downward correction movement that exceeds the 11476.4 level because if this level is successfully exceeded then there is a high probability that the upward rally scenario described earlier will be cancelled. automatically.
(Disclaimer)
