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 –

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