Nasdaq - Printing The Obvious Bottom!

Apr 17

Nasdaq (NDQ) already finished the correction:



Click chart above to see the detailed analysis👆🏻

After we witnessed a minor "crash" of about -25% over the past couple of weeks, the bottom might be in on the Nasdaq. We simply saw another very bullish all time high break and retest and depite the possibility of a second retest, I am (still) extremely bullish at these levels.

Levels to watch: $17.000

Keep your long term vision,
Philip (BasicTrading)

Apr 25

Trade active

Trading update on Nasdaq (NDQ):



Click chart above to see the detailed analysis👆🏻

This month is really just a mastery of volatility with a quick -15% drop, followed by a significant bullish reversal rally. If the Nasdaq actually manages to even close bullish this month, the bottom will be confirmed and we will soon even see new all time highs.

Levels to watch: $20.000

Keep your long term vision,
Philip (BasicTrading)

6 days ago

Trade closed: target reached

Nasdaq - NDQ - just created the official bottom:

(click chart above to see the in depth analysis👆🏻)

I don't even remember the last time that the Nasdaq created such a strong bullish reversal. From bottom to top we saw a rally of about +20%, perfectly - once again - rejecting the relevant market structure. With such a reversal in place, new all time highs are very likely.

Levels to watch: $20.000

Keep your long term vision!
Philip (BasicTrading)