#NQ100: BUY 19950, SL 19550, TP 20700 | 21 March 2025
21 March 2025, #NQ100
The NASDAQ index appears to be in the midst of developing a corrective structure. Lately, intense battles have raged across every segment of the price field. Following a notable dip, the price strives to ascend, albeit with limited success.
Though the price struggles to rise, it is likely to continue doing so. Eventually, however, a strong downward wave is expected, which will update the current local low. This will result in the formation of a zigzag.
Before this occurs, it is feasible to exploit the current corrective upward movement by entering buy trades at market values. Nonetheless, it is crucial to account for the limited potential of this movement.
Investment idea: BUY 19950, SL 19550, TP 20700.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
