The chart is self - explanatory as always.
Nasdaq is sitting at a critical zone — the previous all-time high area — with the 200-week EMA just below.
📊 From a technical standpoint, a bounce here would signal potential strength.
⚠️ But when panic sets in, technicals can take a back seat.
Stay sharp. Manage risk.
Disclaimer: This analysis is purely for educational purposes and does not constitute trading advice. I am not a SEBI-registered advisor, and trading involves significant risk. Please consult with a financial advisor before making any investment decisions.
Nasdaq is sitting at a critical zone — the previous all-time high area — with the 200-week EMA just below.
📊 From a technical standpoint, a bounce here would signal potential strength.
⚠️ But when panic sets in, technicals can take a back seat.
Stay sharp. Manage risk.
Disclaimer: This analysis is purely for educational purposes and does not constitute trading advice. I am not a SEBI-registered advisor, and trading involves significant risk. Please consult with a financial advisor before making any investment decisions.
Note
As expected we saw an initial bounce - Note
precise bounce levelNote
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👉 Visit nas.io/TradeWithTc to learn Price Action with real life case studies.
#BeYourOwnAnalyst
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🎯 You can now access our personal charts for all Nifty 500 companies📈
👉 Visit nas.io/TradeWithTc to learn Price Action with real life case studies.
#BeYourOwnAnalyst
👉 Visit nas.io/TradeWithTc to learn Price Action with real life case studies.
#BeYourOwnAnalyst
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.