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Nasdaqstrategy

My NQ Long Idea 26/03/2025There is a big technical area that has taken the spotlight in NQ and it is around the 50% fib level with a gap opening. US economy has seen some strengthening recently with the FED looking neutral-dovish. A price correction may not even occur here it can keep going up continuously the moment we have a conclusive risk-on environment. Inflation has cooled down from 3.0 to 2.8 and interest rate was held at 4.50 from 4.50. We are expecting a rate cut of 0.25 bps by Q2 so the market is looking forward to price that in. I see a potential "buy the rumor" then "sell the news" scenario here. So during the next fomc meeting we may get a small sell off for a price correction then NQ will continue its up momentum. Technical setup looks good I expect a turbulent price action which will fill the opening gap at the 50% a consolidation here can be healthy for price action before we get a Wyckoff spring. We have recently exited a bearish channel and entered a new bullish channel which is still in progress but must pay attention to it as we could start trending in that direction. I may take a short position (for the short term) since I anticipate a correction to the gap at the 50%.
VANTAGE:NAS100Long
by stingotho
Possible push down for NAS100After A strong Bearish push, price action is filling the inefficiency left behind. Price is currently testing the structure lows previous support. The bearish move and retracement is the 78.6% PRZ Wait for your lower time frame play to enter. This is an over all counter trend trade, however this could have a nice quick move down to retest the Daily previous structure high area of 21,843 Daily Chart has a Bearish Divergence that is playing out. **Caution** on the macro bullish trend, this recent pull back retraced back to the 23.6 lvl with a wick while "retesting" the previous structure high on the H4 time frame....Enter with caution.
BShort
by brianfj
NASDAQ - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast: (Daily Time-frame) 20000.00 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: A trough is formed in daily chart at 20548.20 on 01/13/2025, so more gains to resistance(s) 21248.00, 21722.90, 22203.25 and more heights is expected. Take Profits: 21248.00 21722.90 22203.25 22500.00 23000.00 23500.00 24000.00 __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . Please show your support back, . . . . . . . . Hit the 👍 BOOST button, . . . . . . . . . . . Drop some feedback below in the comment! 🙏 Your Support is appreciated! Let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
ILong
by ForecastCity
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