FX.co ★ Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday March 21 2024.

On the 4 hours index of Nasdaq 100 recently, there is Buyers who are still dominates where this is confirmed by the condition of its Golden Cross, MA 50 above MA 200 as well as Awesome Oscillator indicator has already on the positive zone (above the level 0) although actually currently #NDX is inside the Sideways condition, but in the near future #NDX has the potential to corrected down to test the support level which is formed by the Bullish Fair value Gap level area on 18026,5-17931,4. If this level area is strong enough to hold the correction rate and those weakness doesn't breaks below the level 17816,8, then #NX still has the potential to get stronger to the level 18416,1.

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