Main Quotes Calendar Forum
flag

FX.co ★ Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday March 07 2024.

parent
Forex Analysis:::2024-03-07T05:28:16

Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday March 07 2024.

Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday March 07 2024.

If we look on the 4 hour chart of Nasdaq 100 index, there is seems the price movement which moving below WMA 30 Shift 2 where this indicates the condition that are still dominating with the Seller, but with the appearance of the hidden deviation pattern between #NDX price movement with Stochastic Oscillator indicator, gives the clue that in the near future #NDX has the potential to corrected upward until the Bearish Vacuum Block level area around the level area of 18224.7-18164.9 but as long as the strengthening correction does not break above the level 18329,3, then #NDX still has the potential and has a chance to continue its weakness until the level of 17788.6. If this level successfully broken below, then the level 17350,1 will be the next target to be aimed of.

(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...