15 April 2025, #NQ100
The stock market is gradually recovering from the previous sell-off. The recent decline resembles a zigzag correction, while the current rebound looks impulsive. The anticipated upward movement within wave (b) is also expected to take a zigzag form. The first wave of this structure appears to have completed, and a correction is currently in progress. A breakout to the upside is expected, likely aiming near the recent price highs. The current setup remains favorable for long positions. The growth potential looks attractive enough to justify participating in this potential move. Therefore, buying at current market levels with a target near the all-time high is recommended. Investment idea: BUY 19000, SL 18300, TP 21500.