Nasdaq - This Is Just The Beginning!

Nov 7

Nasdaq (NDQ) is preparing a major rally going into 2025:



Click chart above to see the detailed analysis👆🏻

As mentioned in all of my previous analysis, the Nasdaq is rallying but despite the recent strong move, there is still a lot more room towards the upside. With the channel breakout happening over the past couple of months, it is quite likely that we will see a rally of +50% during 2025.

Levels to watch: $26.000

Keep your long term vision,
Philip (BasicTrading)

Nov 15

Trade active

Trading update on Nasdaq (NDQ):



Click chart above to see the detailed analysis👆🏻

The Nasdaq is still not fully starting the expected parabolic rally after we saw the significant trendline and channel breakout a couple of months ago. If the Nasdaq actually breaks back into the channel, we can immediately see a retest of the last significant all time high. Until then everything remains bullish.

Levels to watch: $26.000, $20.000

Keep your long term vision,
Philip (BasicTrading)

Nov 26

Trade closed: target reached

Trading update on Nasdaq (NDQ):



Click chart above to see the detailed analysis👆🏻

After a lot of back and forth volatility during November, it seems like that Nasdaq will once again close with a bullish green candle, maybe even a new all time high. Don't listen to all the people who are calling corrections, an index trading at an all time high is bullish and so should your outlook for 2025 be.

Levels to watch: $20.000, $26.000

Keep your long term vision,
Philip (BasicTrading)