📈 NASDAQ 19th March 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 19,562

Key Levels:

Resistance (Above DCMP): 20,014 🚨

Support (Below DCMP): 19,262 🛡️

Swing Levels (Daily/4H Timeframe):

Swing High: 22,239

Swing Low: 19,109

📊 Technical Snapshot

Critical Price Zones & Indicators

Fib Retracement: Price consolidates near the 50% retracement level (19,262–20,014), highlighting a decisive breakout zone.

RSI: Neutral at 48 on 4H charts, with bearish divergence on shorter timeframes.

MACD: Bearish crossover on daily charts, signaling weakening upward momentum.

💡 Intraday Trade Setup

1️⃣ Intraday Buy Trade 🟢

Entry: 19,262 📍 (Key Support & Fib Level)

Stop Loss: 18,999 🛑 (Below Immediate Support)

Take Profit 1: 19,562 🎯 (DCMP Retest)

Take Profit 2: 19,848 🎯 (Near-Term Resistance)

Rationale:

Strong confluence of weekly pivot support (19,262) and 50% Fib retracement.

Oversold RSI conditions on 15M charts suggest rebound potential.

2️⃣ Intraday Sell Trade 🔴

Entry: 20,014 📍 (Key Resistance & Fib Extension)

Stop Loss: 20,254 🛑 (Above Swing High)

Take Profit 1: 19,562 🎯 (DCMP Pullback)

Take Profit 2: 19,109 🎯 (Swing Low Zone)

Rationale:

Price rejection likely at 20,014 (major Fib extension + resistance cluster).

Declining volume during upward retests reinforces bearish bias.

🌐 Market Dynamics

Bullish Trigger: Sustained close above 20,014 could target 20,642 (next resistance).

Bearish Risk: Breakdown below 19,262 may accelerate selling toward 19,109 (Swing Low).

📌 Technical Indicators

Bollinger Bands: Price trades near the middle band (19,566), indicating consolidation.

Volume Profile: Thin liquidity between 19,200–19,600 increases volatility risks.

ADR (Average Daily Range): 1.8% aligns with typical intraday volatility.

🔑 Final Outlook

NASDAQ faces immediate resistance at 20,014 and critical support at 19,262. Traders should:

Buy Dips toward 19,262 with stops below 18,999.

Sell Rallies near 20,014, targeting a retest of DCMP (19,562).

⚠️ Key Insight: DCMP (19,562) acts as a pivot – failure to hold this level may trigger a retest of 19,109 (Swing Low).