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28.12.202304:59 Forex Analysis & Reviews: Technical Analysis of Daily Price Movement of Nasdaq 100 Index, Thursday December 28, 2023.

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Exchange Rates 28.12.2023 analysis

With Tenkansen & Kinjunsen condition intersecting with Golden Cross above the Kumo dan Chikou Span as well as the price movement which is above the Kumo as well, then it is certain now that bias from Nasdaq 100 index still in the Bull condition which is supported by the confirmation from CCI indicator which manages to break above its 3 main levels (-100, 0, & 100) and now hold on to the level area of 100-0, then as long as there is no weakness correction that breaks below the level of 15689.9, then based on the calculation from E Projection then #NDX has the potential to test the level 17204.6.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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