14 April 2025, #NQ100
After a sharp rally, the price began to pull back again, losing about half of that rapid upward movement. It is likely that the amplitude of price swings will gradually decrease as it begins to settle within a defined range, forming an internal corrective structure within the assumed wave (b). Despite this, the initiative will remain with the buyers, who will eventually drive the price upward again toward the previously set all-time high. This will complete wave (b) of a horizontal triangle. Therefore, in the medium term, the index appears to be a strong candidate for buying, and such opportunities should be considered. Investment idea: BUY 18000, SL 17500, TP 21000.