FX.co ★ Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday March 07 2024.

If we look on the 4 hour chart of Nasdaq 100 index, there is seems the price movement which moving below WMA 30 Shift 2 where this indicates the condition that are still dominating with the Seller, but with the appearance of the hidden deviation pattern between #NDX price movement with Stochastic Oscillator indicator, gives the clue that in the near future #NDX has the potential to corrected upward until the Bearish Vacuum Block level area around the level area of 18224.7-18164.9 but as long as the strengthening correction does not break above the level 18329,3, then #NDX still has the potential and has a chance to continue its weakness until the level of 17788.6. If this level successfully broken below, then the level 17350,1 will be the next target to be aimed of.

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