OUR OBSERVATION
NASDAQ made three significant tops in its price action from 2009 to the present in a sequence of an expanding Phi.
February 2020 High = 9736.57 (This is the 1.0 growth level divided into a Log function)
(9736.57 / 10^4) = 0.973657 (Equivalent to 3/3 = 1.0)
November 2021 High = 16764.86
(16764.86 / 10^4) = 1.676486 ( This is the 5/3 Fibonacci sequence or a variation of 1.618)
Current High at 27th October 2025 = 26182.10
(26182.10 / 10^4) = 2.618210 (This level indicates the 8/3 growth sequence or 2.618 level)
TRADE PLAN
* If we project a sequence of thirds, (1/3, 2/3, 3/3), then the three tops from 2009 made an expanding sequence along 3/3, 5/3, and 8/3 nodal points, at 9736.57, 16764.86 and 26182.10 levels respectively. Each node effected a correction, and by projection, we expect price to correct steadily until late April 2026. (1,2,3,5,8...) points form the price tops. The zone between 26182.1 and 26880.XX will be our confluence zone to expect a decline.
* We projected the 27th October top as far back as April 2025, where we mentioned a broader cross assets decline. If we compare NASDAQ's price to SP-500 and DJIA, then we can create a larger sequence pattern. SP-500 top reached 6920.34 being 2/3 on the sequence while DJIA reached 48040.64, the 13/3 node. Several markets reaching tops at the same time cooks a sharp long decline. Therefore, we will keep short entries for all three markets until the tops break.
NOTE: We do not trade news effects, we only trade measurable facts the charts indicate. However, we look to the news for signals that add strength to our expectations.
Trade safe, good luck
NASDAQ made three significant tops in its price action from 2009 to the present in a sequence of an expanding Phi.
February 2020 High = 9736.57 (This is the 1.0 growth level divided into a Log function)
(9736.57 / 10^4) = 0.973657 (Equivalent to 3/3 = 1.0)
November 2021 High = 16764.86
(16764.86 / 10^4) = 1.676486 ( This is the 5/3 Fibonacci sequence or a variation of 1.618)
Current High at 27th October 2025 = 26182.10
(26182.10 / 10^4) = 2.618210 (This level indicates the 8/3 growth sequence or 2.618 level)
TRADE PLAN
* If we project a sequence of thirds, (1/3, 2/3, 3/3), then the three tops from 2009 made an expanding sequence along 3/3, 5/3, and 8/3 nodal points, at 9736.57, 16764.86 and 26182.10 levels respectively. Each node effected a correction, and by projection, we expect price to correct steadily until late April 2026. (1,2,3,5,8...) points form the price tops. The zone between 26182.1 and 26880.XX will be our confluence zone to expect a decline.
* We projected the 27th October top as far back as April 2025, where we mentioned a broader cross assets decline. If we compare NASDAQ's price to SP-500 and DJIA, then we can create a larger sequence pattern. SP-500 top reached 6920.34 being 2/3 on the sequence while DJIA reached 48040.64, the 13/3 node. Several markets reaching tops at the same time cooks a sharp long decline. Therefore, we will keep short entries for all three markets until the tops break.
NOTE: We do not trade news effects, we only trade measurable facts the charts indicate. However, we look to the news for signals that add strength to our expectations.
Trade safe, good luck
Trade active
We still hold short for main trend, trade counter entries only on hourly timeframe. Main trend is a down trend until April 2026
Trade safe
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.