Nasdaq-100 Wave Analysis – 19 October, 2021
October 19, 2021 @ 18:04 +03:00
![Nasdaq-100 Wave Analysis – 19 October, 2021 Nasdaq-100 Wave Analysis – 19 October, 2021](https://fxpro.news/wp-content/uploads/2021/01/index.jpg)
• Nasdaq-100 broke resistance area
• Likely to rise to resistance level 15750.00
Nasdaq-100 index recently broke the resistance area lying between the round resistance level 15000.00 (which stopped the previous impulse wave (i) at the start of October) and the 50% Fibonacci correction of the ABC correction 4 impulse from the start of September.
The breakout of this resistance area accelerated the active impulse wave (iii), which belongs to the higher-level impulse waves 3 and (3).
Nasdaq-100 index can be expected to rise further toward the next resistance level 15750.00 (target price for the completion of the active impulse wave (iii)).
![](https://fxpro.news/wp-content/uploads/2021/10/ndx-primary-analysis-oct-19-1750-pm-1-day-1024x479.png)