FX.co ★ Technical Analysis of Daily Price Movement of Nasdaq 100 Index, Thursday September 21, 2023.

With the CCI indicator successfully breaking below three important levels (100, 0, & -100) on its daily chart and the price movement being below the WMA (20), and the emergence of the Bearish 123 pattern which coincidentally intersects within the Bearish Fair Value Gap area level, then, in the next few days, as long as there is no upward correction past level 15640.6, #NDX will have the opportunity to continue its decline to level 14748.3 as its main target and level 14554.6 as its second target.

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