Technical analysis
Nasdaq 100 Wave Analysis – 22 March, 2022
March 22, 2022 @ 19:12 +03:00
![Nasdaq 100 Wave Analysis – 22 March, 2022 Nasdaq 100 Wave Analysis – 22 March, 2022](https://fxpro.news/wp-content/uploads/2020/03/240320-6.png)
• 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.
![](https://fxpro.news/wp-content/uploads/2022/03/ndx-primary-analysis-mar-22-1650-pm-1-day-1024x479.png)