Hello, traders! Let’s analyze the current wave structure of the NASDAQ index.
At the moment, there is a high probability that the index is forming wave C of a correction. Most likely, this is a horizontal expanded correction.
✅ Sub-wave 1 of wave C has already formed.
✅ Sub-wave 2 is also likely completed.
On Friday, the index showed a strong decline and closed at the day’s lows, indicating a high probability of further downside movement next week.
What’s next?
We expect the formation of the third sub-wave within wave C. Most likely:
🔻 The index will continue to decline toward 17,700, where the 38% Fibonacci level is located.
🔻 The key support zone is 17,300.
🔻 After a short correction, the decline may extend to 16,300.
🔻 In a deeper scenario – down to 15,700-15,000.
Technical factors
⚡ The price failed to break above the 200-day moving average, bounced off it, and started declining.
⚡ The next major support is the 200-week moving average, around 16,200.
⚡ Throughout April – May, the market is likely to remain in a correction phase.
Once key levels are reached, we expect a potential reversal and new highs in the second half of 2025.
Stay tuned and share your thoughts in the comments!
At the moment, there is a high probability that the index is forming wave C of a correction. Most likely, this is a horizontal expanded correction.
✅ Sub-wave 1 of wave C has already formed.
✅ Sub-wave 2 is also likely completed.
On Friday, the index showed a strong decline and closed at the day’s lows, indicating a high probability of further downside movement next week.
What’s next?
We expect the formation of the third sub-wave within wave C. Most likely:
🔻 The index will continue to decline toward 17,700, where the 38% Fibonacci level is located.
🔻 The key support zone is 17,300.
🔻 After a short correction, the decline may extend to 16,300.
🔻 In a deeper scenario – down to 15,700-15,000.
Technical factors
⚡ The price failed to break above the 200-day moving average, bounced off it, and started declining.
⚡ The next major support is the 200-week moving average, around 16,200.
⚡ Throughout April – May, the market is likely to remain in a correction phase.
Once key levels are reached, we expect a potential reversal and new highs in the second half of 2025.
Stay tuned and share your thoughts in the comments!
거래청산: 타겟 닿음
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.