FX.co ★ Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday May 22, 2025.

With the appearance of Divergence between the Nasdaq 100 index price movement which formed a Double Top with the Stochastic Oscillator indicator plus confirmation with its price movement which moved below the WMA (21) which has a slope that also dives down on the 4-hour chart, then it is confirmed that in the near future #NDX as long as it does not strengthen again to break through and close above the 21485.1 level, then #NDX has the potential to continue its decline to the 20911.7 level as its main target and if the volatility and momentum of its weakening support it, then 20754.6 will be the next target to be aimed for.

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