The Nasdaq #NDX, in the morning of the American session is trading with a strong bullish signal, in 1 hour charts it is located above the SMA of 21 pointing to the objective of 14062, zone of + / 2/8 Murray.
Given that the eagle indicator is showing a bullish signal and is located above the SMA of 21, we must buy the Nasdaq 100 #NDX as long as it remains above 13,900 points (+1/8 of murray).
On the other hand, a consolidation below 13850, we could expect a correction towards the 200 EMA located at 13750.
The market sentiment shows that there are 72.45% of operators who are selling the Nasdaq, this is a sign that the Nasdaq still has the strength to continue rising and consolidate above 14000 points.
Support And Resistance Levels For April 15 - 16, 2021
Resistance (1) 14,000
Resistance (2) 14,139
Resistance (3) 14,195
Support (1) 13,870
Support (2) 13,731
Support (3) 13, 628