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Neom Financial Academy

 📊 NASDAQ Daily Analysis based on Main Key Levels - [2025-04-22]

  • Neom
  • Apr 22
  • 1 min read

Daily Current Market Price (DCMP): 17,986


🔑 Critical Price Structure


Below DCMP (Support Zone)


  • Immediate Support: 17,760 🛡️

  • Strong Support: 17,325 → 17,196 (Multi-level zone)

  • Swing Low: 19,109 (Daily Timeframe)


Above DCMP (Resistance Zone)


  • Immediate Resistance: 18,028 🚀

  • Upper Resistance: 18,557 (Key swing high)

  • Swing High: 22,239 (Daily Timeframe)


📈 Technical Landscape


  • RSI: Neutral at 52 (No divergence detected)

  • MACD: Flat near signal line (Neutral momentum)

  • Price Action: Testing 17,986 after rejection at 18,028


Here’s the mind map summarizing the key points from your NASDAQ market analysis:

💡 Trade Setups


1️⃣ Intraday Buy Trade Idea


  • Entry: 17,760 🎯 (Confluence support)

  • Stop Loss: 17,325 🚫 (Below recent swing low)

  • Take Profit 1: 18,028 ✅ (Nearest resistance)

  • Take Profit 2: 18,297 ✅ (Psychological level)


2️⃣ Intraday Sell Trade Idea


  • Entry: 18,028 🎯 (Resistance retest)

  • Stop Loss: 18,297 🚫 (Above swing high)

  • Take Profit 1: 17,760 ✅ (Immediate support)

  • Take Profit 2: 17,325 ✅ (Stronger support)


🌐 Market Perspective


NASDAQ consolidates near 17,986 with 17,760-18,028 forming immediate range. Break above 18,028 eyes 18,297, while loss of 17,760 may trigger move toward 17,325.


  • Bullish Catalyst: Sustained close above 18,028

  • Bearish Risk: Breakdown below 17,760

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