Nasdaq-100 Wave Analysis – 1 April, 2022

• Nasdaq-100 reversed from resistance level 15200.00
• Likely to fall to support level 14400.00

Nasdaq-100 index recently reversed down from the pivotal resistance level 15200.00 (which has been reversing the price from January).

The resistance area near the resistance level 15200.00 created the daily Evening Star – which stopped the previous wave (1).

Nasdaq-100 can be expected to fall further toward the next support level 14400.00 (top of the previous wave 4).