Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Wednesday April 12, 2023

With the appearance of deviation between Nasdaq 100 index price movement with Stochastic Oscillator indicator on the 4 hour chart then it is high likely for #NDX will depreciated for some time in the future up to the area level of 12705,8-12617,7 however during the decline not exceed below the level of 12517,9 then #NDX still has the potential to back to rallying upwards up to the level of 13238,0.

Analysis are provided by InstaForex

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