logo

FX.co ★ Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Tuesday August 22, 2023.

Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Tuesday August 22, 2023.

Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Tuesday August 22, 2023.

If we look at the 4-hour chart for the Nasdaq 100 index, even though the price is currently below the Supertrend AI indicator, but it has the potential to be corrected upwards, which can be seen from the Trendilo indicator which is trying to break above its Lower band so that 15301.86, and then #NDX still has a chance to continue its decline in the near future to the level of 14701.94 as the main target and 14401.97 as the next target to be achieved.

(Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the articles list Go to this author's articles Open trading account