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05.06.2025 09:53 AM
With the condition of the Stochastic Oscillator indicator at the Overbought level and a Divergence appears between the indicator and the Nasdaq 100 index price movement, so that in the near future it has the potential to be corrected to the level of 21178.2. But, as long as the downward correction does not breaks and close below the level of 20713.8, then #NDX will strengthen again and to rise as well to the level of 21891.3, and if the volatility and momentum of its strengthening support, then #NDX will strengthen again to rise to the level of 22105.2.
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