#NQ100: BUY 20170, SL 19800, TP 20700 | 26 March 2025
26 March 2025, #NQ100
Along with the start of the new trading week, the NASDAQ index has also begun to show signs of life after a prolonged dormancy. Buyers have finally managed to make a small leap, signaling their dominance, at least within the framework of the presumed correction.
In this case, further growth is likely to ensue. Targets remain at approximately the same levels, equating to 50% or 61.8% of the previously formed bearish wave. Positions should be closed upon reaching these price levels, as the downward correction on a larger scale may not yet be complete. The observed growth is viewed as part of Wave b, followed by an impulsive movement in the opposite direction.
Investment idea: BUY 20170, SL 19800, 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.
