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Nasdaq Road Map_01

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In the morning we called a little rally for NQ based on the 2hr candle structure. Let’s analyze the probabilities for the rally to continue and a possible road map.

Call in the morning:

In our analyses we traditionally evaluate the candles and their combinations that Nasdaq formed on multiple frames, discuss recent technical events and their potential impact, assess probabilities, and project the long and short term targets using Elliott Waves and classical patterns.

The mid and long term perspectives for the index were discussed in details in our latest monthly analysis:
https://investingangles.com/2023/10/01/nasdaq-monthly-analysis-nq-qqq-nasdaq100-qqq-nq-elliottwave-4/

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If you want to read about other US and global indices, the respective weekly reports can be found here:

Russell 2000:
https://investingangles.com/category/us-indices/russell2000/

S&P 500:
https://investingangles.com/category/us-indices/sp-500/

Treasuries:
https://investingangles.com/category/treasuries/

Volatility:
https://investingangles.com/category/global/volatility/

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