Technical Analysis of Intraday Price Movement of Nasdaq 100 Index,Wednesday March 26, 2025.
20405.7
With the appearance of Convergence between the Nasdaq 100 index price movement and the Stochastic Oscillator indicator and the price movement of the index moving above the EMA (21) which also has a slope that dives upwards, in the near future #NDX has the potential to be corrected from its weakening and is now strengthening towards the level of 20405.7 and if the momentum of strengthening and volatility supports it, #NDX will head to the level of 20845.7, but please also note that the appearance of the Ascending Broadening Wedge pattern has the potential for #NDX to return to its initial bias, but as long as the weakening does not break through and close below the level of 19389.6, the weakening is only a correction.
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