#NQ100: BUY 23250, SL 22880, TP 24350. | 04 September 2025
04 September 2025, #NQ100
The index is gradually showing signs of life and forming a more coherent pattern on the chart. During the past day, there was an attempt to accelerate in a downward direction, but buyers managed to prevent a strong decline in time.
As a result, the chart pattern began to resemble a converging horizontal triangle. This formation typically develops as fourth waves in impulses. Therefore, shortly after its completion, we should see another upward wave, leading to the completion of the impulsive rise.
This will be followed by a reversal and decline. In this situation, it is worth considering long positions to capture the movement in the final fifth wave of the impulse.
Investment idea: BUY 23250, SL 22880, TP 24350.
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.
