Can NASDAQ Hold 24,600 and Push to New Highs?Hey Traders, in tomorrow’s trading session we are monitoring NAS100 for a potential buying opportunity around the 24,600 zone. NASDAQ remains in an uptrend and is currently in a correction phase, with price approaching a key support/resistance level at 24,600.
Structure: The broader trend is bullish, with price moving within an ascending channel.
Key level in focus: 24,600 — a critical support area aligning with the lower boundary of the channel.
Next move: Holding above this level could set the stage for a rebound toward 25,100, which represents the channel’s upper resistance and potential higher high formation.
Trade safe,
Joe.
Nasdaq
A look at the MES1! (SPX)Chart Time Frame: 1 Hour
Current Price: 6763 after setting recent ATH at 6800
Daily Candle: Top Heavy Doji with open / close entire in the body of previous candle.
📈 Price Action & Technical Analysis
EMA 8 (thin cyan): ~6733 – Above price. Negative Slope.
EMA 21 (med cyan): ~6775 – Above price and EMA 8. Negative Slope. Rotation zone created on 1H and lower TF (EMA 8 crossed EMA 21). Crossover has not happened on higher TF's at time of post.
EMA 50 (thick cyan): ~6765 – Above current price; Flattening out.
Structure: Bullish Trending since April lows.
📈 RSI (14 Close) Current: 43 (57 MA)
Interpretation: Below neutral (50), momentum is weakening.
📈 MACD (12, 26, 9) MACD Line: 1; Signal Line: 4.2; Histogram: -3.2
Interpretation: MACD is growing bearish, histogram showing increasing intensity, yet still above 0.
🎯 Key Levels
Support: various possible trend lines shown (Purple). Price action Monday will determine their validity. Swing low at 6681.
Resistance: Overhead moving averages. ATH at 6800.
🧨 Volatility Outlook
VIX - After a decline, showing signs of inflection. Currently trending upwards on the daily TF.
Government shutdown and headline risk are of some concern to short term price action.
Short Term: A sudden opening of the government could certainly cause a bullish event. I could also imagine certain headlines that would cause a short term bearish event.
Longer term: govt shut downs have typically preceded bullish gains.
📈Macro/Fundamental Analysis
Interpretation: We are in between earnings seasons and with a Gov shutdown, void of Gov Data.
DXY - Pulled back significantly this year. I personally expect it to continue. This could provide a tail wind to equities pricing.
📆 Economic Calendar / Earnings Schedule
Econ Calendar: Relatively Light Next Week
Wednesday - 3PM EST - FOMC Minutes. Dot Plot could cause some action as the minutes are dissected.
Friday - 10AM - Michigan Consumer Sentiment Report. A big miss (up or down) could cause some action.
🔍 Summary
🔻 Trend: Long bull run - might be getting stale; Might just be getting started. You decide.
🧩 Momentum: Very high on longer TFs, Turning down on the lower.
🧠 Tactics:
Short Term - I love a 'rotation zone trade'. If price bounces back up into the EMA 21/8 spread zone, I would be looking for some day trade shorts.
When will Microsoft (MSFT) close its monthly gap?NASDAQ:MSFT
Microsoft (MSFT) saw a 7% gap up following its earnings report in May.
To fill this gap, the stock would need to drop about 28.59% from its high, or 23.33% from the current level.
Historically, gaps on the monthly chart have eventually been filled, so it’s reasonable to assume that this one might be as well in the long term.
However, given that MSFT is one of the top three companies by market capitalization, a decline of more than 20% would likely trigger a broader correction across the Nasdaq index.
Therefore, this potential gap fill should not be seen merely as an individual stock event, but rather as part of a broader market correction scenario.
Your follow and boost would mean a lot. 🚀
I am Korean and I used Google Translate.
LZ 1D: Legal move to the upside?On the daily chart, LegalZoom broke out of a falling wedge and perfectly retested the breakout area - almost textbook stuff. The buy zone around 9.25–9.89 aligns with the 0.5–0.618 Fibonacci retracement and previous volume cluster, giving the setup extra strength.
With both MA50 and MA200 below the price, momentum stays bullish. The first technical target lies near $15.33, with potential extension toward $20+ if broader sentiment remains supportive.
From a fundamental view, LegalZoom benefits from renewed demand for digital legal services and cost optimization. Not a bad combo - solid technicals plus improving business dynamics.
So yes, bulls have the gavel now - let’s just hope the verdict is in their favor
Nasdaq-100 | Textbook OB Rejection SSL Target Hit.Price swept the internal liquidity (TS 🐢) and tapped into a premium Order Block (OB), showing clear signs of rejection. This confirms a potential shift in market structure with bearish momentum building up. Alhumdulillah Target Hit✅️
🔹 Key Points:
Buy-side liquidity (BSL) taken before OB mitigation
Strong rejection from OB + Breaker Block (BB) zone
Market structure shift confirmed on 15m
Targeting sell-side liquidity (SSL) below recent swing lows
As long as price remains below the OB, bearish continuation is expected. Watch for short setups aligned with internal structure breaks.
ALERT: VIX-NDX COVARIANCE HITS DANGER ZONEA few days ago, my custom VIX–Price Covariance Monitor started flashing red... and it hasn’t cooled off since.
Here’s what that means 👇
- The TVC:VIX (volatility index) and NASDAQ:NDX (Nasdaq 100) are now moving in the same direction.
That’s not normal.
Usually, when stocks rise, volatility falls.
But when both start climbing together — it means something under the surface is fracturing.
Half the times this correlation flips positive, the market corrects or worse, it crashes.
I’m not panic‑selling, but I’m definitely not buying either for now.
No new longs unless it’s a screaming opportunity.
In the meantime? Stacking cash and sitting tight.
This is time to play close attention to the market,
NASDAQ 100 Technical Analysis & ForecastNASDAQ 100 (NAS100) Technical Analysis & Forecast
Current Price: 24,781.00 | Date: October 4, 2025, 12:54 AM UTC+4
📊 EXECUTIVE SUMMARY
The NASDAQ 100 is currently trading at 24,781.00, showing resilience near all-time highs. This comprehensive analysis integrates multiple technical frameworks to provide actionable insights for both intraday and swing traders navigating the tech-heavy index.
Key Takeaway: NAS100 exhibits a cautious bullish bias with critical support at 24,650 and resistance at 25,100. Traders should monitor for potential consolidation before the next directional move.
🔍 MULTI-TIMEFRAME TECHNICAL ANALYSIS
Monthly & Weekly Outlook (Swing Trading Perspective)
Long-term Trend Assessment:
Primary Trend: Bullish structure remains intact with higher highs and higher lows established since Q4 2024
Elliott Wave Count: The index appears to be in Wave 5 of a larger impulse structure from the 2022 lows, suggesting a mature bull cycle
Ichimoku Cloud (Weekly): Price trading above the cloud with Tenkan-sen (9-period) above Kijun-sen (26-period), confirming bullish momentum
Key Weekly Levels:
Major Resistance: 25,200 - 25,350 (psychological level and prior consolidation zone)
Major Support: 24,200 - 24,350 (former resistance turned support, 20-week EMA)
Critical Support: 23,500 (50-week EMA, must hold for bull trend continuation)
Gann Analysis:
Square of 9 calculation from recent lows suggests the next significant price target at 25,088 (45° angle)
Time cycle analysis indicates potential volatility window October 8-12, 2025
Price-time squaring suggests equilibrium at current levels, with break expected by mid-October
Daily Chart Analysis (Swing & Position Trading)
Trend & Momentum:
50-day SMA: 24,420 (acting as dynamic support)
200-day SMA: 23,680 (long-term trend anchor)
RSI (14): Currently at 64, showing bullish momentum without overbought conditions
MACD: Positive histogram with signal line above zero, indicating upward momentum
Chart Patterns Identified:
Ascending Triangle Formation: Consolidation between 24,650 support and 25,100 resistance suggests a bullish continuation pattern
Wyckoff Analysis: Signs of re-accumulation phase (Trading Range) after the spring rally, indicating smart money positioning
Harmonic Patterns:
Potential Bullish Bat pattern completing near 24,650, with PRZ (Potential Reversal Zone) offering strong support
Fibonacci retracement from recent swing shows 61.8% level at 24,580, aligning with multiple support factors
Volume Profile:
VWAP (Anchored from Sept 1): 24,695 - price maintaining above VWAP indicates institutional buying
Volume Analysis: Above-average volume on up days suggests strong bullish participation
High Volume Node (HVN): 24,750-24,800 represents fair value area
4-Hour Chart (Transitional Timeframe)
Technical Indicators:
Bollinger Bands: Price trading in upper band (24,950), suggesting near-term overbought conditions but strong trend
RSI (14): 68 - approaching overbought but no bearish divergence yet
Stochastic Oscillator: %K at 82, %D at 76 - overbought territory, watch for crossover
Ichimoku System:
Price above cloud (bullish)
Lagging span above price (confirming bullish sentiment)
Cloud ahead is thin, suggesting potential resistance at 25,050-25,100
Support & Resistance:
Immediate Resistance: 24,950 → 25,100 (psychological and technical confluence)
Immediate Support: 24,650 → 24,500 (previous consolidation and EMA cluster)
1-Hour Chart (Intraday Swing Reference)
Short-term Momentum:
20 EMA: 24,745
50 EMA: 24,680
100 EMA: 24,620
Price trading above all key EMAs indicates short-term bullish control
Candlestick Patterns:
Recent formation of bullish engulfing patterns on hourly suggests buying pressure
No immediate reversal patterns detected
Warning Signs:
Potential Bear Trap: If price briefly breaks below 24,650 with low volume, expect quick recovery (trap for shorts)
Bull Trap Risk: Break above 25,100 without volume confirmation could reverse quickly
📈 INTRADAY TRADING STRATEGY (Week of October 4-11, 2025)
15-Minute & 30-Minute Chart Focus
Monday-Tuesday Bias: Consolidation expected between 24,650-24,950
Long Entry Strategies:
Setup 1: Support Bounce Play
Entry Zone: 24,650-24,700
Stop Loss: 24,580 (below harmonic PRZ)
Target 1: 24,850 (Risk:Reward 1:2)
Target 2: 24,950 (Risk:Reward 1:3.5)
Confirmation: RSI (15-min) oversold below 30, bullish candlestick reversal pattern
Setup 2: Breakout Play
Entry: Break and retest of 24,950 with volume
Stop Loss: 24,870
Target 1: 25,050
Target 2: 25,150 (ascending triangle measured move)
Confirmation: Volume 20% above average, 15-min candle close above 24,950
Setup 3: VWAP Reversion
Entry: Price touches VWAP (currently ~24,695) from above on 5-min chart
Stop Loss: 24,650
Target: 24,800-24,850
Confirmation: Volume spike on touch, bullish divergence on 5-min RSI
Short Entry Strategies:
Setup 1: Resistance Rejection
Entry Zone: 25,050-25,100
Stop Loss: 25,150
Target 1: 24,850
Target 2: 24,700
Confirmation: Bearish engulfing or shooting star on 15-min chart, RSI divergence
Setup 2: Failed Breakout (Bull Trap)
Entry: Price breaks 25,100 but closes back below within 2 candles (15-min)
Stop Loss: 25,130
Target: 24,800
Confirmation: High volume on breakout but no follow-through
🎯 SWING TRADING STRATEGY (October-November 2025)
Bullish Scenario (60% Probability)
Primary Strategy: Ascending Triangle Breakout
Entry Plan:
Aggressive Entry: Current levels (24,780) with tight risk management
Conservative Entry: Pullback to 24,500-24,650 support zone
Breakout Entry: Confirmed break above 25,100 with volume
Position Sizing:
Risk 1-2% of capital per trade
Scale in: 50% at first entry, 30% on confirmation, 20% on continuation
Price Targets:
Target 1: 25,350 (measured move from triangle)
Target 2: 25,800 (Fibonacci extension 1.618)
Target 3: 26,200 (psychological and Gann Square of 9 target)
Stop Loss Management:
Initial Stop: Below 24,500
Trail Stop: Move to breakeven once Target 1 is reached
Final Stop: Trail with 4-hour 20 EMA
Time Horizon: 3-6 weeks
Bearish Scenario (40% Probability)
Invalidation Triggers:
Break below 24,500 on daily close
Head and Shoulders pattern develops (left shoulder at 25,200, head forming now, right shoulder anticipated)
MACD bearish crossover on daily chart
Short Strategy (Swing):
Entry Conditions:
Daily close below 24,500
RSI breaks below 50 on daily
Death cross forming (50 SMA crossing below 200 SMA - currently not present)
Targets:
Target 1: 24,200 (weekly support)
Target 2: 23,850 (50-day SMA)
Target 3: 23,500 (major support and 50-week EMA)
Stop Loss: Above 24,800
📉 RISK FACTORS & MARKET CONTEXT
Technical Risk Factors:
Overextension: Weekly RSI approaching 70 suggests limited upside without consolidation
Volume Divergence: If breakout occurs with declining volume, suspect false move
Elliott Wave: If in Wave 5, expect exhaustion and correction before new highs
External Market Considerations:
Macroeconomic Factors to Monitor:
Federal Reserve policy statements (October FOMC meeting expectations)
Q3 2025 earnings season for mega-cap tech (starting mid-October)
Geopolitical tensions and their impact on risk sentiment
US Dollar strength affecting multinational tech companies
Sector-Specific Catalysts:
AI technology developments and adoption rates
Semiconductor supply chain updates
Regulatory environment for big tech
Interest rate trajectory impacts on growth stocks
🛡️ RISK MANAGEMENT RULES
For All Trading Timeframes:
Position Sizing: Never risk more than 2% of capital on single trade
Stop Loss: Mandatory on every trade, no exceptions
Take Profits: Scale out at predetermined levels (50% at T1, 30% at T2, 20% at T3)
Maximum Daily Loss: Stop trading if down 4% in single day
Correlation Risk: NAS100 correlates with QQQ, SPX, and major tech stocks - monitor for divergences
Trading Journal Requirements:
Document all entries with screenshots
Record reasoning and technical setup
Track hit rate and average risk:reward
Weekly performance review and strategy adjustment
📅 WEEKLY INTRADAY ROADMAP
Monday, October 7:
Bias: Neutral to slightly bullish
Key Level: 24,750 (Friday's close area)
Strategy: Wait for direction after Asian/European session
Action: If holds above 24,700, look for longs on 15-min pullbacks
Tuesday, October 8:
Bias: Testing resistance at 24,950
Gann Time Cycle: Potential volatility day
Strategy: Breakout or rejection trades
Action: High-probability setups at extremes
Wednesday, October 9:
Bias: Continuation or reversal confirmation day
Strategy: Follow Tuesday's direction with momentum
Action: Trail stops on profitable positions
Thursday, October 10:
Bias: Mid-week profit-taking possible
Strategy: Mean reversion trades if overextended
Action: Watch for VWAP reversion setups
Friday, October 11:
Bias: Week-end positioning, reduced size
Strategy: Close most intraday positions before weekend
Action: Only high-conviction swing trades held over weekend
🎓 INDICATOR CONFLUENCE SUMMARY
Bullish Signals (Current):
✅ Price above 50-day, 100-day, and 200-day SMAs
✅ Ichimoku cloud bullish on daily and weekly
✅ MACD positive on multiple timeframes
✅ Volume profile shows accumulation
✅ Ascending triangle continuation pattern
✅ Gann angles supporting upward trajectory
Bearish Warnings:
⚠️ RSI approaching overbought on 4-hour
⚠️ Potential Elliott Wave 5 exhaustion
⚠️ Bollinger Bands showing overextension
⚠️ Stochastic overbought on shorter timeframes
Neutral/Watch:
🔍 Volume needs to increase on breakout attempts
🔍 Wyckoff accumulation phase requires confirmation
🔍 Head and Shoulders pattern could develop if resistance holds
🎯 FINAL TRADING RECOMMENDATIONS
For Intraday Traders:
Focus on the 24,650-25,100 range for the next week. Best opportunities exist at range extremes with clear risk management. Favor long setups given the broader bullish context, but remain nimble and respect stop losses.
Best Intraday Timeframes: 5-min for entries, 15-min for trend confirmation, 1-hour for bias
For Swing Traders:
The ascending triangle offers an excellent risk:reward setup. Consider building positions on pullbacks to 24,500-24,650 with stops below 24,450. Target the 25,350-25,800 zone over the next 4-6 weeks. Monitor daily candle closes for trend confirmation.
Best Swing Timeframes: Daily for entries, 4-hour for momentum, weekly for trend validation
⚡ KEY LEVELS SUMMARY CARD
Immediate Levels (Intraday):
🔴 Strong Resistance: 25,100-25,150
🟠 Resistance: 24,950-25,000
🔵 Current Price: 24,781
🟢 Support: 24,650-24,700
🟢 Strong Support: 24,500-24,550
Major Levels (Swing):
🔴 Major Resistance: 25,200-25,350
🔴 Psychological: 25,000
🟢 Major Support: 24,200-24,350
🟢 Critical Support: 23,500-23,680
📝 DISCLAIMER
This analysis is for educational and informational purposes only. Trading financial instruments carries substantial risk and may not be suitable for all investors. Past performance does not guarantee future results. Always conduct your own research and consult with licensed financial advisors before making trading decisions. The author is not responsible for any trading losses incurred based on this analysis.
Next Update: October 11, 2025
Analysis Valid Through: October 18, 2025
Prepared using advanced technical analysis incorporating Wyckoff, Elliott Wave, Gann, Harmonic Patterns, Ichimoku, and modern momentum indicators.RetryClaude can make mistakes. Please double-check responses.
ES continuing with my short stratStructure is key when identifying direction. Overall trend isnt as important as you think. When trading reversals I look for large moves in one direction that allows for large moves back, I capitalize off of finding the structure shift and I enter only on discount. Watch your win rate increase when entering deeper into discount.
Trade for Christ
Nasdaq - Clearly heading to $30.000!🎉Nasdaq ( TVC:NDQ ) points much higher:
🔎Analysis summary:
Yes, we witnessed a short term correction over the past couple of days. But no, this does not mean that the bullrun is now entirely over. In fact, looking at the longer term rising channel pattern, the Nasdaq can still rally higher until it will retest the upper trendline.
📝Levels to watch:
$25.000, $30.000
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
AAPL – Ready to Break Out Despite Macro NoiseMarkets are holding strong near all-time highs even amid the backdrop of a potential U.S. government shutdown. One standout name is Apple Inc. NASDAQ:AAPL , which has surged 32% since our last analysis. This rally confirms renewed momentum and continued investor confidence in large-cap tech.
Apple is in a strong uptrend, currently consolidating just below resistance. The structure is bullish, and a breakout seems likely. Any pullback toward support could offer a high-probability entry for trend followers.
🟩 Trade Setup
Entry Zone: $223 – $227 (support area)
Target Range: $237 – $259
Stop Loss: Close below $217
Watch price action near these levels and manage risk accordingly.
Nasdaq to 25,300? | Long Idea 10/3I believe Nasdaq still has room to climb, with the 25,300 range in sight to finish off the week. The price action closely mirrors the pattern from September 5th–9th, 2025, and I wouldn’t be surprised to see history repeat itself here.
I’m planning to go long from the 25,105 imbalance, holding through all-time highs and into the void through 25,300. Once ATHs are broken, I’ll trail my stop closely to lock in profits.
USNAS100 – Bullish Above 24,900, Fed Easing Hopes Drive MomentumUSNAS100 – Overview
Global markets climbed higher as speculation of further Fed easing supported risk sentiment, with European stocks hitting records.
Despite the ongoing U.S. government shutdown, optimism over AI, trade themes, and expectations of up to 50bps in Fed cuts by year-end continue to drive indices higher.
Technical Outlook
Price has already reached and stabilized above the 24,900 pivot, confirming bullish continuation.
As long as price holds above this zone, upside targets are 25,040 → 25,180.
A further push above 25,040 would strengthen the bullish trend toward 25,180.
On the downside, a confirmed 1H close below 24,810 would shift momentum bearish, exposing 24,580 as the next key support.
Pivot: 24,900
Resistance: 25,045 – 25,180
Support: 24,810 – 24,580
previous idea:
$Solana $250+ or DOWN 216?In our recent post, we perfectly predicted the touch of 250 and 190.
Price has now reversed off the supply zone and is making its way back up, lets see what the potential out come for the next two weeks are!
Solana (SOL/USDT) 1H Chart Analysis
Current Price: ~$232
Trend : Price is was inside a clear ascending channel, respecting support and resistance lines - however has now breached resistance.
Key Levels
Support Zones:
$225 → Psychological support + 4H FVG.
$216 → Deeper 4H FVG and strong volume node. ( + 4 Hour Fib GP )
$200 → Major psychological level + prior supply zone flip.
Resistance Zones:
$250 → Psychological resistance + demand zone.
$275 → Next major resistance if $250 breaks.
Bullish Scenario
If SOL holds above $225 and consolidates within the trend channel, price could retest $250.
Break and close above $250 may extend rally toward $275.
Bearish Scenario
Failure to hold $225 could drag SOL to the $216 FVG or even $208.
A breakdown of $208 increases risk of revisiting $200.
Summary
Market structure remains bullish as long as price respects the rising trendline.
$225 is the key short-term pivot: holding above favors $250+, losing it opens downside risk toward $216–200.
Let me know what you think!
CLSK - accumulation before a breakout or a trap?CLSK price is consolidating in the 9.5–10.5 buy zone, which aligns with a key volume area. On the weekly chart, a breakout from the falling wedge is forming, and if bulls manage to hold above the current range, the next targets stand at 17.98 and 24.72. Volumes indicate institutional interest, while RSI at lower levels suggests a potential reversal.
Fundamentally , CLSK is strongly correlated with Bitcoin and the mining sector: declining hash rate among competitors and expectations of a softer Fed policy provide a supportive backdrop.
The tactical setup is straightforward: defending 9.5–10.5 opens the way toward 17.98 and 24.72, while a breakdown would shift the price lower.
For now, it looks like accumulation, but the real question is who will give up first - the bulls or the bears.
JD 1D: Bulls taking the lead?On the daily chart, JD.com broke out of a falling wedge, moving above both MA50 and MA200. That’s a strong technical signal hinting at a potential mid-term trend reversal.
Upside targets are mapped at $39.8 and $46, with Fibonacci levels suggesting a possible extension toward $52 if momentum holds. Support remains around $33–35, and as long as the price stays above it, buyers are in control.
From a fundamental perspective, JD continues to reshape its business, expand online services, and benefit from China’s economic recovery. Competition with Pinduoduo and Alibaba is tough, but technically bulls seem to have the upper hand.
Tactical outlook: watch the MA200 - staying above it keeps the growth scenario intact.
USTEC, NASDAQNasdaq price is still in a strong uptrend, there is a chance to test the 25014-25124 level. If the price cannot break through the 25124 level, it is expected that the price will have a chance to go down. Consider selling in the red zone.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
❤️ Like and subscribe to never miss a new idea!
META (3H) — Elliott Wave AnalysisStructure
The chart displays a zigzag corrective pattern labeled (A) → (B) → (C).
Wave (C) unfolds inside a falling wedge (ending diagonal), a common terminal structure at the end of corrections.
The breakout attempt from this wedge suggests that Wave (C) may be complete.
Wave (A)
A sharp, impulsive decline in five subwaves.
Defines the start of the correction.
Wave (B)
A three-wave upward retracement.
Retraces roughly 0.38–0.50 of Wave (A), consistent with zigzag proportions.
Wave (C)
A five-wave structure contained within a converging wedge.
Subwave (v) shows diminishing momentum, typical of an ending diagonal.
The upward break through the wedge top signals the potential termination of Wave (C).
Key Level
753.66 is the critical resistance.
A confirmed move above 753.66 validates that the (A)–(B)–(C) correction has ended and a new impulsive sequence may be starting.
Failure to reclaim 753.66 leaves the risk that the bounce is only a temporary rally within a larger correction.
Alternate Scenario
A new low beneath the Wave (C) termination point would invalidate the completion view, implying the correction is extending.
NASDAQ – Decision Point is Now: Breakout or Breakdown?📈🔍 NASDAQ at Key Inflection – Momentum or Meltdown? ⚠️💥
Hey Traders,
The NASDAQ 100 is now standing right at the make-or-break zone: 22,655. This level marks a critical retest of the recent breakout, and what happens here could define the next major move.
🔵 The Setup:
After a strong bounce and sharp rally from below 18K, we've climbed back into the tight ascending structure. But momentum is slowing…
This zone could produce either a bullish continuation to new highs — or a brutal rejection that unwinds the entire move.
📍 Structure Speaks:
Holding above 22,655 = likely continuation
Breakdown = deeper pullback toward 20,000 and lower channel support
Momentum names like NVIDIA are doing the heavy lifting again — but can they sustain the market alone?
📊 What I'm Watching:
Bullish path = measured target ~25,000+
Bearish path = test of the broader trendline near 20,000 or even the 18,200 region
Macro signals still mixed — stay nimble, not married to one bias
⚠️ Stay Sharp:
Just like in crypto, the Nasdaq can punish both bulls and bears when it enters chop mode. Structure and discipline remain your best defense.
I’ve updated the chart — fresh out the oven 🍞 — and more market ideas are following, including BTC, ETH, and BTC Dominance.
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
Futu Holdings a New ath or time for a correctionIn this video I go over the previous price action and develop a plan of where to look for a future entry if you are accumulating Futu .
I demonstrate using a standard fib pull how price may gravitate back to .786/.886 fib levels over time as well as what to look for in the event we push up for a new Ath .
20 Nov we have earnings and despite the past track record of earnings have surprised the market with positive results I question if the upcoming does the same or will it be the catalyst for the correction .