#NQ100: BUY 22900, SL 22750, TP 23200 | 07 July 2025
07 July 2025, #NQ100
As expected, the slight dip in the index was quickly recovered by buyers. This was followed by a steady and confident continuation of the upward movement. The current rise is still being viewed as wave 5 within a forming bullish impulse. It is likely that the week will end on a positive note for buyers, but sellers may step in afterward. Once the impulse is complete, a reversal and a downward correction are expected. It may be wise to begin gradually closing existing long positions and prepare for a potential sell-off, which could lead to a significant decline. Investment idea: BUY 22900, SL 22750, TP 23200.
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.
