Nasdaq anaysis- 18/11/2025

We are doing this analysis just as the European premarket session opens up. Overnight the futures have drifted lower. We are presenting the nasdaq daily chart which is in confirmed downtrend. Our job is to find places where it can find support and bounce and also the areas where we can deploy capital to buy stocks. We have sold out of our Mag 7 positions and we will be looking to reenter into them in the buyzones and best buy zone. Our ideal entry point would be at around 22000. This would mean that we take out Q3 low at 22630.

But we do not think that the Trump administration will let the market go that far down as one of Trump’s scorecard is performance of the stock market. But we can not rule it out completely. More likely our next target will be the buy zone. There are equal lows just above this buyzone and price is likely to take out this equal low. If you are trading futures, then all retracements is a short to target this equal lows at 24250. As price comes into the buyzone we look at price action to see if we can add to some positions on Mag 7 and other stocks that we are interested in.

For people who are watching futures, then watch the price action at 24660. This coincides with the blue line on the chart. This is the best place to look for shorts.

Disclaimer: Analysis done in good faith and is only for educational purposes and is not investment advise. Please do own research.

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DXY weekend analysis: 15/11/2015