US 100 Cash CFD forum
๏ปฟ๐ NASDAQ Daily Analysis Based on Main Key Levels โ April 15, 2025
Current Market Price (DCMP):
18,776
๐๏ธ Critical Price Zones
Below Price (Support):
Immediate Demand: 18,077 ๐ป
Strategic Floor: 16,957 โ ๏ธ
Swing Low: 19,109 ๐ (Recent 4H timeframe)
Above Price (Resistance):
First Supply: 19,196 ๐บ
Key Barrier: 21,008 โ
Swing High: 22,239 ๐ (Daily timeframe)
๐ Technical Drivers
1. Fibonacci Confluence
Bull Scenario: 18,077 aligns with 78.6% retracement of the rally from 19,109โ22,239.
Bear Scenario: 19,196 coincides with 161.8% extension of the recent sell-off.
2. Momentum Signals
RSI: Bullish divergence forming on 4H chart (higher lows vs. price consolidation).
MACD: Histogram flips above signal line near 18,630, suggesting short-term bullish momentum.
๐ก Intraday Trade Setups
Long Opportunity ๐ข (Intraday Buy)
Entry: 18,077 ๐
Stop Loss: 16,957 ๐
Take Profit 1: 18,776 ๐ฏ
Take Profit 2: 19,196 ๐
Rationale:
Institutional accumulation detected at 18,077 (61.8% Fib zone).
Bullish engulfing pattern confirmed on 1H chart.
Short Opportunity ๐ด (Intraday Sell)
Entry: 19,196 ๐
Stop Loss: 21,008 ๐
Take Profit 1: 18,776 ๐ฏ
Take Profit 2: 18,077 ๐
Rationale:
Resistance cluster at 19,196โ21,008 aligns with options expiry hedging activity.
Bearish volume surge during European session retests.
๐ Risk Management Protocol
Use 50% position sizing for sell trades above 19,196 due to elevated volatility.
Monitor Fed Chair speech (14:30 EST) for potential market-moving catalysts.
๐ Market Perspective
NASDAQ tests critical junction at 18,077โ19,196. Prioritize momentum trades with 1:3 risk-reward ratios. A sustained close above 21,008 or below 16,957 would confirm trend continuation.
do not underestimate the dollar retrace! and think how that could affect Gold, Bitcoin and stocks!
That will happen so soon in a fast enormous move!
Above 18810 buy, below 18740 sell