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30.01.2025 09:36 AM
Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday January 30, 2025.

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Although on the 4-hour chart the Nasdaq 100 index is moving in a Sideways ranging condition, the appearance of convergence between the #NDX price movement and the Awesome Oscillator indicator gives an indication that in the near future there will be a strengthening where #NDX has the potential to appreciate up to the level of 21741.3 if this level is successfully broken and closes above it, then #NDX will continue to strengthen again to 21894.6, but if on its way to these targets suddenly #NDX is corrected to weaken down, especially if it broken and closes below the level of 20998.6, then all the strengthening scenarios that have been described previously will be invalid.

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