With the appearance of deviations between the price movement of the Nasdaq 100 index and the Awesome Oscillator indicator on the 4-hour chart, in the near future #NDX has the potential to be corrected and strengthen upwards to test the resistance level of 19697.0 if this level succeeds in holding back the rate of strengthening correction and as long as it does not succeed in breaking above the level 19922.1 then #NDX has the potential to continue weakening again and will weaken again down to level 18813.0 as the main target and if momentum and volatility support then level 18180.2 will be the next target to aim for.
(Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com #
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