Nasdaq – Weekly Analysis

This weekly analysis examines the developing price structure, momentum shifts, Magnificent 7 influence, and the possible paths now opening for the index. The goal is not to react to headlines, but to understand what the chart may be preparing before the broader market fully recognizes it. We review Nasdaq from multiple technical angles to assess the next probable moves for the index and the broader market, while identifying the key levels, signals, and turning points that may define the next phase. CANDLES & TA: In the last three days, Nasdaq has built strong bullish momentum on the short-term frames. It reclaimed the 50 DMA and formed an 8/20 EMA bullish cross on the daily frame. The weekly price was also saved from losing the 8 EMA, and technically all trends remain bullish. The main concern is the somewhat weaker candle formations on the weekly and 10D frames. The index did…