In this evening’s US session, the Nasdaq is displaying a bullish trend on the 1-hour time frame, having consistently held above the Moving Average (MA), which serves as a dynamic support level. Each time there is downward pressure, the MA effectively prevents further declines and rebounds the price back into the upward trend path. This condition indicates that market structure remains under the control of buyers, and the upward momentum persists as long as the price does not significantly breach the MA.<\/p>\n
Additional support is provided by the MACD indicator, which remains in positive territory, reinforcing a short-term bullish signal. The expanding MACD histogram suggests that buying pressure is on the rise, creating opportunities for the Nasdaq to continue its ascent and test the next resistance level.<\/p>\n
<\/p>\n
On the 15-minute time frame, the Nasdaq is operating within a bearish channel, indicating that selling pressure is still dominating the price movement in the short term. The Moving Average (MA) also shows a sharp downward slope, confirming the strengthening bearish momentum. As long as the price stays below the MA and fails to break through the upper boundary of the channel, the potential for further declines remains wide open, targeting 22,627.<\/p>\n
Technical Reference: buy<\/em> as long as above 22,350<\/strong> In this evening’s US session, the Nasdaq is displaying a bullish trend on the 1-hour time frame, having consistently held above the Moving Average (MA), which serves as a dynamic support level. Each time there is downward pressure, the MA effectively prevents further declines and rebounds the price back into the upward trend path. This […]<\/p>\n","protected":false},"author":4,"featured_media":67742,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142,5173],"tags":[5178],"class_list":["post-67743","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trading-analysis","tag-nq"],"yoast_head":"\n
Potential Take Profit<\/em> 1: 22,565<\/strong>
Potential Take Profit<\/em> 2: 22,627<\/strong>
Potential Stop Loss<\/em> 1: 22,425<\/strong>
Potential Stop Loss<\/em> 2: 22,350<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"