Nasdaq – Weekly Analysis

Nasdaq is approaching one of those technical crossroads where the market can look calm right before the probabilities shift. The larger bullish structure is still intact, but several short- and mid-term signals are beginning to test how much strength is really left beneath the surface. In this weekly Nasdaq Technical Analysis, we dig into the latest candlestick and momentum developments, the evolving Elliott Wave structure, and the key support and resistance levels that could determine whether the current pause remains healthy—or turns into something much more serious. The key question is no longer simply whether Nasdaq can keep climbing. It is whether the index is quietly building the foundation for another major leg higher—or beginning to leave the first footprints of a deeper correction that the broader market has not yet fully priced in. CANDLES & TA: Nasdaq closed the 4M frame with a solid bullish continuation candle, signaling an…