NASDAQ update
In 2025, the 
NDX index has started with uncertainties that were confirmed at the end of 2024 by breaking the blue trendline on the chart.
Since then, as we warned at that time, the price has moved sideways, now clearly showing levels of support and resistance.
If the highs that are forming are broken, the price will be ready for another rally, making it a good time to buy.
If we remain within the range with a bullish outlook, it is a good idea to buy near the red support, taking advantage of the volatility to buy at the lower range and wait for a breakout. In the worst-case scenario, a bearish breakdown of this support invalidates any short-term bullish scenario, and the best option would be to make a small stop loss and exit the market.
On the other hand, selling below the red supports once they are strongly broken is another idea to capitalize on the declines, which promise to be abrupt if they occur.
NDX index has started with uncertainties that were confirmed at the end of 2024 by breaking the blue trendline on the chart. Since then, as we warned at that time, the price has moved sideways, now clearly showing levels of support and resistance.
If the highs that are forming are broken, the price will be ready for another rally, making it a good time to buy.
If we remain within the range with a bullish outlook, it is a good idea to buy near the red support, taking advantage of the volatility to buy at the lower range and wait for a breakout. In the worst-case scenario, a bearish breakdown of this support invalidates any short-term bullish scenario, and the best option would be to make a small stop loss and exit the market.
On the other hand, selling below the red supports once they are strongly broken is another idea to capitalize on the declines, which promise to be abrupt if they occur.
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.
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.