Main Quotes Calendar Forum
flag

FX.co ★ Technical Analysis of Daily Price Movement Nasdaq 100 Index,Thursday November 9, 2023.

parent
Forex Analysis:::2023-11-09T04:52:08

Technical Analysis of Daily Price Movement Nasdaq 100 Index,Thursday November 9, 2023.

Technical Analysis of Daily Price Movement Nasdaq 100 Index,Thursday November 9, 2023.

If we look on the daily chart of Nasdaq 100 index, then it can be seen that there is a deviation between the price movement with RSI indicator as well as the appearance of Bullish Y Wave Projection pattern, so that in a few days ahead, #NDX has the potential to appreciate up to the level of 15720,5. If the momentum and the volatility supports, then the level of 15970,7 will be the next target to be aimed of. But if on the way to those levels suddenly there is a weakness correction until it breaks below the level 14327,6, then the strengthening scenario that has been described before will become invalid and automatically cancel itself.

(Disclaimer)

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...