Navigating the Nasdaq's Turbulence: A Peek into the Week Ahead

As we head into the trading week, let’s zero in on some critical levels on the NQ1! Nasdaq that are making the rounds in savvy financial circles. With a bit of a bearish vibe from the get-go, understanding these might just set the stage for some strategic plays.

Top Tier: 19,300 to 19,400
Keep your eyes peeled on this upper bracket. It's where the ceiling might just come crashing down with selling pressure. A lot hinges on how prices react here—will they retreat or break through unexpectedly?

Middle Ground: Around 19,200
Here lies the Fair Value Gap, a zone that often acts as a decision-making hub for the bulls and bears alike. If prices struggle to push past this, it might just reinforce the gloomy outlook for the week.

Entry Alert: Near 19,100
Thinking of going short? This could be your spot. The Optimal Trade Entry point around 19,100 is where the action could heat up, signaling a strong entry if bearish momentum continues.

Watch Your Step: Around 18,730
This level has history. It's served as a balance point before and could either prop up prices for a rebound or give way under bearish pressure, leading to further declines.

Base Camp: 18,300 to 18,550
Down here, if the floor gives way, expect the bears to rush in even stronger. It's a critical zone to gauge just how far the current sentiment could drag the market down.
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Abbreviations
D FVG - Daily Fair Value Gap
D OTE - Daily Optimal Trade Entry
Eq 4h - Equilibrium 4 hours
OTE 4h - Optimal Trade Entry 4 hours
NDOG - New Day/Week Opening Gap
100N100NASDAQ 100 CFDNQNQ1NASDAQ 100 E-MINI FUTURESTECHTrend AnalysisUSus100

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