See also
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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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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