Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday February 29 2024.

With the restraint of Nasdaq 100 index on Resistance level 18002,1, then #NDX has the potential to weaken down to trying to break below the level of 17870,8 in the near future, and if this level successfully broken below, then #NDX has the potential to continue its weakness to the level of 17789,7 as the main target and level 17633,8 as the next target to be aimed, but if the weakness scenario will cancel itself automatically if suddenly #NDX return to its strength and managed to break above the level of 18094,2.

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