26.03.05 Nasdaq Analysis

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26.03.05 Nasdaq AnalysisNAS100 CashVANTAGE:NAS100JELLO_XTogether with you, ButoPia is building a “Utopia of Wealth” based not on intuition, but on clear standards and structure. Let’s begin the Nasdaq chart analysis for March 5. 📊 March 4 Result Review First, let’s review the results from yesterday’s analysis. After the resistance trendline breakout, the market moved up approximately 555 points from the first entry zone that was mentioned. From a short-term trading perspective, this was a very strong momentum move. With a 20-lot position, the move represented roughly $11,100 in profit. This price action indicates that the move was not simply a short-term bounce, but rather a classic momentum continuation following a resistance breakout. 📈 Daily Chart Perspective – Upside Is Open, but Volatility Remains On the daily timeframe, the structure still suggests that upside potential remains open. However, recent price action shows relatively high volatility, which means the market could still experience a pullback before continuing higher. The reasoning behind this view is based on the 20-day moving average. At the moment, the daily 20MA has not yet established itself as a reliable support level. In strong bullish trends, price typically holds above the 20-day moving average and uses it as support while continuing higher. But currently: Price has not clearly stabilized above the 20MA Price swings remain relatively large Therefore, while the upside structure still exists, the market remains in a phase where short-term pullbacks are still possible. ⏱ 15-Minute Trading Strategy From a short-term trading perspective, the following scenarios can be considered. 🟢 Long Setup Break above 25229 + Resistance trendline breakout If these conditions occur simultaneously, the upside range appears to be open up to around 25455. This means the long entry should ideally be taken not just on a price breakout, but on a confirmed breakout of the resistance trendline as well. 🔴 Short Setup A short scenario becomes valid under the following conditions: Breakdown of the ascending trendline Loss of the 24959 support level If both occur, short-term downside pressure could increase. Additionally, traders should closely monitor the major support level at 24625. This level represents a key support zone where buying interest may appear in the market. 📌 Conclusion 1️⃣ After the resistance breakout, Nasdaq rallied approximately 555 points 2️⃣ On the daily timeframe, the upside structure is still intact 3️⃣ However, the 20-day moving average has not yet confirmed itself as support, leaving room for volatility 4️⃣ Long condition → Break above 25229 + resistance trendline breakout 5️⃣ Short condition → Ascending trendline breakdown + loss of 24959 6️⃣ Major downside support → 24625 At the moment, Nasdaq is in a market environment where upside potential and short-term volatility coexist. Because of this, traders should avoid relying on predictions alone. Instead, the market should be approached with clear levels and structural confirmation. Not intuition, but structure and levels should guide your decisions.