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13.03.2025 10:15 AM
Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday March 13, 2025.

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With the movement of the Nasdaq 100 index price moving below its MA (50) and the appearance of Divergence between the Nasdaq 100 index and the Stochastic Oscillator indicator, it has been confirmed that #NDX is currently still in a fairly depressed condition so that in the near future it will continue to weaken where the level of 19112.5 will be tested. If it turns out that the level is successfully broken and closes below it, then #NDX will continue its weakening to the level of 18808.2 as its main target and if the volatility and momentum of its weakening are quite supportive, then 18416.1 will be the next target to be aimed for, but if on its way to the targets that have been described previously, #NDX suddenly turns around and strengthens until it breaks through and closes above the level of 20239.4, then all the weakening setups on the index that have been described previously will become invalid and automatically canceled by themselves.

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