Strong Momentum for Nasdaq: Ready to Continue the Bullish Trend Tonight!

The Nasdaq continues to display robust upward momentum this evening, with a rally that shows no signs of slowing down. The index is performing positively, indicating the possibility of further gains due to favorable market conditions.

During the European session, the Nasdaq has maintained stability in high territory, bolstered by technical indicators. The Moving Average (MA) is trending upwards, and the MACD above the signal line adds confidence that this index could keep climbing higher.

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Similar to the analysis from the one-hour chart, the 15-minute chart above also indicates a buy signal, as the MA trends upward and the MACD remains in positive territory, enhancing the potential for an increase. If the scenario plays out as expected, the Nasdaq could rise to test the resistance level of 22,015.

Technical Reference: buy as long as above 21,778
Potential Take Profit 1: 21,967
Potential Take Profit 2: 22,015
Potential Stop Loss 1: 21,828
Potential Stop Loss 2: 21,778