With the appearance of hidden deviations between the Nasdaq 100 index price movement and the Stochastic Oscillator indicator on its 4-hour chart, it gives an indication that in the near future this index will get a strengthening momentum, especially confirmed by the price movement moving above its EMA 50 which also coincidentally has a slope that dives upwards so that based on these facts in the near future #NDX has the potential to strengthen upwards where the level of 2045.9 will try to be broken, if successful, then #NDX has the potential to continue its strengthening to the level of 20712.7, but if during its strengthening journey #NDX suddenly experiences a significant weakening correction, especially if it breaks and closes below the level of 19793.1, then all strengthening scenarios that have been described previously become invalid and automatically canceled by themselves.
(Disclaimer)
