26.03.01 Nasdaq Analysis

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26.03.01 Nasdaq AnalysisNAS100 CashVANTAGE:NAS100JELLO_XTogether with you, building a utopia of wealth not on feelings, but on rules β€” this is Butopia. Let’s begin the March 1 Nasdaq chart analysis. πŸ“Œ Friday Briefing Result Review Let’s start with the results. After failing to break above the key bullish level of 25065, the market broke below the rising trendline. Following that breakdown, we saw approximately a 155-point decline. On a 20-lot position, this translated to roughly $3,000 in profit. Because we had predefined levels, we were able to respond without being shaken out by noise. πŸ“Œ Weekly Chart Analysis Here’s last week’s range: High: 25457 Low: 24625 Market price: 24994 Close: 24921 Although it closed as a bearish candle, the upper and lower wicks were similar in length. This suggests that buying and selling pressure were relatively balanced. In other words, the market has not decisively tilted in one direction yet. πŸ“Œ Daily Chart Analysis The daily candle closed inside the cloud. Unless we see a significant gap up or gap down on Monday, price is likely to continue trading within the cloud range at the open. πŸ”΅ Bullish Perspective Only a break above 25457 would open the door for expansion into the next higher timeframe. Until then, range-bound movement remains the more probable scenario. πŸ”΄ Bearish Perspective The 24625 level remains a major support zone. Looking at prior orange-box structures, even when price briefly dipped below 24625, it was quickly reclaimed with long lower wicks. Therefore, it’s not about an intraday break β€” a daily close below 24625 is what truly matters. πŸ“Œ 15-Minute Chart – Short-Term View 🟒 Long Scenarios 1st entry: β†’ Break above the red resistance trendline 2nd entry: β†’ Break above 25065 3rd entry: β†’ Break above 25228 + breakout of the white resistance trendline This is a step-by-step confirmation-based buying strategy. πŸ”΄ Short Scenarios Break below the rising trendline + break below 24749 Break below 24625 for active short positioning Again, 24625 is critical. Not just a wick below β€” a confirmed close below is key. πŸ“Œ Conclusion We are currently trading inside a cloud-based range. No meaningful trend expansion unless 25457 is reclaimed. 24625 remains the major support level. A confirmed close below 24625 could accelerate downside momentum. In the short term, trendline breaks act as the primary trigger. This is neither a chase-long zone nor a panic-sell zone. πŸ‘‰ Above: 25457 πŸ‘‰ Below: 24625 These two levels will determine direction. Not feelings. Not opinions. Only levels.