NASDAQ: Bullish until March 2025.

Nasdaq is overbought on the 1D timeframe (RSI = 72.532, MACD = 396.420, ADX = 56.355) and is about to do the same on the 1W as well (RSI = 69.424). This is because the Bull Cycle is on full extent. However, in anticipation of Q1 2025, we are entering the final phase of the Cycle. This is a Top sequence that we've seen three time before in the last 10 years. The early signal for this is when the 3W RSI forms overbought (RSI > 70.000) LH. Each time that happened, the index had a sharp drop to at least the 3W MA50. TP = 19,000 could be an early target.

See how our prior idea has worked out:

NASDAQ: Buy near the 4H MA50.


## If you like our free content follow our profile to get more daily ideas. ##

## Comments and likes are greatly appreciated. ##
Chart PatternsindextradingTechnical IndicatorsIndicesnasdaqnasdaqtradingNASDAQ 100 CFDNASDAQ 100 E-MINI FUTURESTrend Analysisus100

Telegram: t.me/investingscope
investingscope.com

Over 65% accuracy on Private Signals Channel.

Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.

Free Channel: t.me/investingscopeofficial
또한 다음에서도:

면책사항