Tuesday: Make Your Day a Payday with NASDAQ 25.01.07
Hello, this is Greedy All-Day.
Today’s analysis focuses on the NASDAQ.
Monday Trading Results
Buy Signals: The green boxes marked the buy entry zones for Monday’s session.
Sell Signals: No sell entries were triggered, so there is no commentary for sell trades.
Outcome: Both the first and second buy entries were activated, and all targets were achieved.
Profit: The price moved a total of 321 points, resulting in approximately $6,400 in profit per contract.
How Should We Approach Today’s Market?
Looking at the daily chart, the price appears to have entered the supply zone within the green box range, which spans 21619 to 21896.
While Monday’s bullish candle demonstrated strength, the upper wick formed during the U.S. session's close indicates that bullish momentum was met with selling pressure. This leaves a less-than-ideal setup for the bulls.
The trend is likely to continue in the direction of the breakout from this supply zone.
Today’s Trading Strategy
Buy Perspective:
Entry Trigger: A breakout above both the resistance trendline and Monday’s high at 21897 is recommended for a conservative buy entry.
Target Levels:
First resistance: The yellow box, which contains the purple resistance trendline.
Beyond this, the maximum target lies at 22111.
Scenario Analysis for Bulls:
Should the price rally, the green box zones (previous lows) will form a double bottom structure, providing a strong foundation for continued upside.
A breakout above 22111 would confirm a larger double bottom pattern, potentially paving the way for a rally toward previous highs or even new all-time highs.
Sell Perspective:
Entry Trigger: A break below the ascending trendline and Monday’s corrective low at 21619 serves as the sell signal.
Target Levels:
Maximum target: 21520
Beyond this, further downside is possible; however, key support zones are unclear due to differing stair-step patterns during recent rallies and corrections.
Conclusion
The NASDAQ is at a critical juncture, balancing between bullish potential and bearish risks:
For Buyers: Watch for a breakout above 21897 for potential upside to 22111 and beyond.
For Sellers: Monitor a breakdown below 21619, with 21520 as the initial target.
Be prepared for both scenarios, as the market continues to provide dynamic opportunities. Let’s stay sharp and trade wisely. 🚀
Today’s analysis focuses on the NASDAQ.
Monday Trading Results
Buy Signals: The green boxes marked the buy entry zones for Monday’s session.
Sell Signals: No sell entries were triggered, so there is no commentary for sell trades.
Outcome: Both the first and second buy entries were activated, and all targets were achieved.
Profit: The price moved a total of 321 points, resulting in approximately $6,400 in profit per contract.
How Should We Approach Today’s Market?
Looking at the daily chart, the price appears to have entered the supply zone within the green box range, which spans 21619 to 21896.
While Monday’s bullish candle demonstrated strength, the upper wick formed during the U.S. session's close indicates that bullish momentum was met with selling pressure. This leaves a less-than-ideal setup for the bulls.
The trend is likely to continue in the direction of the breakout from this supply zone.
Today’s Trading Strategy
Buy Perspective:
Entry Trigger: A breakout above both the resistance trendline and Monday’s high at 21897 is recommended for a conservative buy entry.
Target Levels:
First resistance: The yellow box, which contains the purple resistance trendline.
Beyond this, the maximum target lies at 22111.
Scenario Analysis for Bulls:
Should the price rally, the green box zones (previous lows) will form a double bottom structure, providing a strong foundation for continued upside.
A breakout above 22111 would confirm a larger double bottom pattern, potentially paving the way for a rally toward previous highs or even new all-time highs.
Sell Perspective:
Entry Trigger: A break below the ascending trendline and Monday’s corrective low at 21619 serves as the sell signal.
Target Levels:
Maximum target: 21520
Beyond this, further downside is possible; however, key support zones are unclear due to differing stair-step patterns during recent rallies and corrections.
Conclusion
The NASDAQ is at a critical juncture, balancing between bullish potential and bearish risks:
For Buyers: Watch for a breakout above 21897 for potential upside to 22111 and beyond.
For Sellers: Monitor a breakdown below 21619, with 21520 as the initial target.
Be prepared for both scenarios, as the market continues to provide dynamic opportunities. Let’s stay sharp and trade wisely. 🚀
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Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.