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FX.co ★ Technical Analysis of Daily Price Movement Nasdaq 100 Index,Thursday November 9, 2023.

Technical Analysis of Daily Price Movement Nasdaq 100 Index,Thursday November 9, 2023.

Technical Analysis of Daily Price Movement Nasdaq 100 Index,Thursday November 9, 2023.

If we look on the daily chart of Nasdaq 100 index, then it can be seen that there is a deviation between the price movement with RSI indicator as well as the appearance of Bullish Y Wave Projection pattern, so that in a few days ahead, #NDX has the potential to appreciate up to the level of 15720,5. If the momentum and the volatility supports, then the level of 15970,7 will be the next target to be aimed of. But if on the way to those levels suddenly there is a weakness correction until it breaks below the level 14327,6, then the strengthening scenario that has been described before will become invalid and automatically cancel itself.

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(Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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