The Nasdaq #NDX, in the morning of the American session is trading with a strong bullish signal, in 1 hour charts it is located above the SMA of 21 pointing to the objective of 14062, zone of + / 2/8 Murray.
Given that the eagle indicator is showing a bullish signal and is located above the SMA of 21, we must buy the Nasdaq 100 #NDX as long as it remains above 13,900 points (+1/8 of murray).
On the other hand, a consolidation below 13850, we could expect a correction towards the 200 EMA located at 13750.
The market sentiment shows that there are 72.45% of operators who are selling the Nasdaq, this is a sign that the Nasdaq still has the strength to continue rising and consolidate above 14000 points.
Support And Resistance Levels For April 15 – 16, 2021
Resistance (1) 14,000
Resistance (2) 14,139
Resistance (3) 14,195
Support (1) 13,870
Support (2) 13,731
Support (3) 13, 628
The material has been provided by InstaForex Company – www.instaforex.com
🚀If you want to get a Forex Robot Coded as per your trading strategy but are unable to do so because of the high price for the Robot then you can take advantage of the CROWD FUNDING campaigns feature. ✔ These are some crowd funding campaigns for Forex Robots, which when completed can provide the very same Forex Robot to the participants at an average price of $5-$10 per participant. ✔ You either participate in one of the already listed campaigns or send us your Forex strategy : Submit Crowd Funding Campaign , for which you would like the Forex Robot to be coded. A Crowd Funding Campaign would then be started for the same . ✔ All you have to do later on is to share the campaign online with your friends to encourage more people to participate in the campaign.
As a result, each participant can get that Forex robot for just a campaign contribution of $5 (which is the minimum). Participants can back the campaign by anything above or equal to $5 to reach the funding goal to close the campaign.