{"id":88457,"date":"2025-09-19T20:58:03","date_gmt":"2025-09-19T13:58:03","guid":{"rendered":"https:\/\/pediafx.com\/en\/bullish-momentum-in-nasdaq-remains-strong-resistance-target-approaches\/"},"modified":"2025-09-19T20:58:03","modified_gmt":"2025-09-19T13:58:03","slug":"bullish-momentum-in-nasdaq-remains-strong-resistance-target-approaches","status":"publish","type":"post","link":"https:\/\/pediafx.com\/en\/bullish-momentum-in-nasdaq-remains-strong-resistance-target-approaches\/","title":{"rendered":"Bullish Momentum in Nasdaq Remains Strong, Resistance Target Approaches"},"content":{"rendered":"<p>The Nasdaq continues to display a robust <em>bullish<\/em> trend, with prices consistently moving within an upward channel. The zigzag pattern forming <em>higher highs<\/em> and <em>higher lows<\/em> underscores the dominance of <em>buyers<\/em> in the market direction. Strengthening signals are further validated by the upward trajectory of the Moving Average (MA), confirming that the Nasdaq&#8217;s upward trend remains solid this evening.<\/p>\n<p>From a technical perspective, the combination of the <em>bullish channel<\/em>, zigzag patterns, and MA suggests that market sentiment is still inclined towards strengthening. As long as prices stay within the upward channel, the opportunity for further rallies towards the next resistance level remains open, while potential corrections are expected to be limited. This keeps the <em>outlook<\/em> for the Nasdaq positive, with a maintained <em>bullish<\/em> momentum during the US trading session tonight.<\/p>\n<p><\/p>\n<p><img decoding=\"async\" alt=\"\" class=\"fr-fic fr-dib\" src=\"http:\/\/pediafx.com\/wp-content\/uploads\/2025\/09\/nq.mm15_as_19-9-25-1.png\" style=\"width: 100%;\" title=\"\"\/><\/p>\n<p><\/p>\n<p>On the 15-minute chart, the Nasdaq also remains within the <em>bullish channel<\/em>, bolstered by a rising MA, indicating further potential for increases. The index has the capability to test a crucial <em>resistance<\/em> level around 24,965, and if this level is convincingly breached, the pathway for a new rally will be increasingly open.<\/p>\n<p><strong>Technical References: <em>buy<\/em> while above 24,610<\/strong><br \/><strong>Potential <em>Take Profit<\/em> 1: 24,892<\/strong><br \/><strong>Potential <em>Take Profit<\/em> 2: 24,964<\/strong><br \/><strong>Potential <em>Stop Loss<\/em> 1: 24.665<\/strong><br \/><strong>Potential <em>Stop Loss<\/em> 2: 24,610<\/strong><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nasdaq continues to display a robust bullish trend, with prices consistently moving within an upward channel. The zigzag pattern forming higher highs and higher lows underscores the dominance of buyers in the market direction. Strengthening signals are further validated by the upward trajectory of the Moving Average (MA), confirming that the Nasdaq&#8217;s upward trend [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":88456,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142,5173],"tags":[5178],"class_list":["post-88457","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trading-analysis","tag-nq"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bullish Momentum in Nasdaq Remains Strong, Resistance Target Approaches - PediaFX - Your Trusted Global Online Broker Review Service - Top-Rated Forex Brokers 2024<\/title>\n<meta name=\"description\" content=\"Discover PediaFX: Your trusted platform for honest and unbiased global broker reviews. 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