Nasdaq – Weekly Analysis

Nasdaq ended Friday with several technical signals that deserve a much closer look. Individually, some may appear relatively modest—but together, they could be setting the stage for a far more important move. In this weekly Nasdaq Technical Analysis, we examine the evolving price structure, candlestick and momentum signals, Elliott Wave paths, and the key technical levels that could define the next phase. The central question is whether Nasdaq is simply pausing within the broader bullish trend—or beginning to signal that a more meaningful correction is developing. The goal is to identify the critical confirmation points and target areas before the broader market fully recognizes what may be coming next. CANDLES & TA: Nasdaq completed the week with a Bearish Engulfing backed by substantial technical support. This materially increases the probability that NQ will explore lower prices, at least during part of next week. If the signal confirms—especially with a loss…