📈 NASDAQ 13th March 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 19,442

Critical Price Zones

Above DCMP (Resistance):

Immediate Resistance: 19,488 🚩

Major Resistance: 21,658 🚩

Swing High: 22,239

Below DCMP (Support):

Immediate Support: 18,976 🚩

Major Support: 19,151 🚩

Swing Low: 21,343

Technical Analysis Snapshot 🔍

Fibonacci Levels:

61.8% retracement aligns with resistance at 21,658; 38.2% supports at 19,151.

RSI Divergence:

RSI (50) neutral but shows bearish divergence near 19,488 resistance.

MACD Crossover:

Bearish histogram below the signal line confirms short-term downside momentum.

Intraday Trade Setups ⚡

Trade Idea 1: Intraday Buy

Entry: 18,976 📍

Stop Loss: 19,151 🔴

Take Profit 1: 19,399 🟢

Take Profit 2: 19,805 🟢

Rationale: Confluence at Fib support (19,151) and key pivot level (18,976).

Trade Idea 2: Intraday Sell

Entry: 19,488 📍

Stop Loss: 19,799 🔴

Take Profit 1: 19,304 🟢

Take Profit 2: 18,976 🟢

Rationale: Resistance cluster at 19,488-21,658 aligns with MACD bearish momentum.

Strategic Outlook 🔭

NASDAQ consolidates near DCMP (19,442) with a neutral-to-bearish bias due to:

Resistance pressure at 19,488-21,658 zone

MACD trending below zero line

RSI divergence near recent swing high

Key Action Zones:

Bullish Scenario: Break above 21,658 targets 22,239.

Bearish Scenario: Close below 19,151 opens path to 18,976.

⚠️ Risk Note: Monitor Fed policy signals and tech sector earnings.