📉 NASDAQ Daily Analysis Based on Main Key Levels – April 15, 2025

Current Market Price (DCMP):

18,776

🗝️ Critical Price Zones

Below Price (Support):

Immediate Demand: 18,077 🔻

Strategic Floor: 16,957 ⚠️

Swing Low: 19,109 📉 (Recent 4H timeframe)

Above Price (Resistance):

First Supply: 19,196 🔺

Key Barrier: 21,008 ⛔

Swing High: 22,239 📈 (Daily timeframe)

📊 Technical Drivers

1. Fibonacci Confluence

Bull Scenario: 18,077 aligns with 78.6% retracement of the rally from 19,109→22,239.

Bear Scenario: 19,196 coincides with 161.8% extension of the recent sell-off.

2. Momentum Signals

RSI: Bullish divergence forming on 4H chart (higher lows vs. price consolidation).

MACD: Histogram flips above signal line near 18,630, suggesting short-term bullish momentum.

💡 Intraday Trade Setups

Long Opportunity 🟢 (Intraday Buy)

Entry: 18,077 📍

Stop Loss: 16,957 🛑

Take Profit 1: 18,776 🎯

Take Profit 2: 19,196 🚀

Rationale:

Institutional accumulation detected at 18,077 (61.8% Fib zone).

Bullish engulfing pattern confirmed on 1H chart.

Short Opportunity 🔴 (Intraday Sell)

Entry: 19,196 📍

Stop Loss: 21,008 🛑

Take Profit 1: 18,776 🎯

Take Profit 2: 18,077 🚀

Rationale:

Resistance cluster at 19,196–21,008 aligns with options expiry hedging activity.

Bearish volume surge during European session retests.

📉 Risk Management Protocol

Use 50% position sizing for sell trades above 19,196 due to elevated volatility.

Monitor Fed Chair speech (14:30 EST) for potential market-moving catalysts.

🔍 Market Perspective

NASDAQ tests critical junction at 18,077–19,196. Prioritize momentum trades with 1:3 risk-reward ratios. A sustained close above 21,008 or below 16,957 would confirm trend continuation.

🔑 Key Takeaways:

Decisive battle at 18,077–19,196 governs near-term bias

RSI divergence signals potential trend reversal

Earnings season and rate cut probabilities amplify volatility