#NQ100: BUY 16000, SL 15500, TP 17200 | 10 April 2025

The NASDAQ index failed to gain solid upward momentum, despite a strong attempt that initially looked quite promising. However, over time, selling pressure increased again, bringing the price back to the previously established local low. This seems to indicate the continued development of wave 3 of a possible downward impulse. Therefore, in the near term, we may see further price declines that update the local low. Immediately afterward, a sharp increase in buying activity is expected, which could trigger a short-term rally as part of corrective wave 4. This brief bounce is worth trying to capture, but extreme caution is advised. Investment idea: BUY 16000, SL 15500, TP 17200.