24 Abril 2025, #NQ100
The previous trading day was relatively positive for the stock market. As expected, the NASDAQ index rose while still remaining within the bounds of a developing correction. This might signal the beginning of the next impulse wave within the (b) zigzag pattern. If this assumption holds, further growth of the index should follow soon. As noted before, it’s unlikely that buyers will reach the high from which the sharp drop started, so it’s recommended to close long positions as the price approaches this key level. Investment idea: BUY 18500, SL 18050, TP 21600