Nasdaq 100 Wave Analysis – 22 March, 2022

• Nasdaq 100 broke resistance level 14400.00
• Likely to rise to resistance level 15000.00

Nasdaq 100 index recently broke the resistance level 14400.00 (top of wave 4) and the 61.8% Fibonacci correction of the downward impulse (C) from February.

The breakout of the resistance level 14400.00 accelerated the active short-term impulse wave 1.

Nasdaq 100 index can be expected to rise further toward the next round resistance level 15000.00.