Nasdaq (NDX) has been practically trading sideways since October 30 2025. This 3-month consolidation resembles Nasdaq's last aggressive correction that started in late February 2025. As you can see both have a Resistance Zone that kept the consolidation valid until a 2nd rejection that (in the 2025 case) broke below the 1D MA200 (orange trend-line) and confirmed the sharp correction.
Right now the 1D MA200 held last week but the 1D RSI printed an oversold bounce similar to that late February fractal. As a result, once the index breaks below the 1D MA200, we can technically claim that a deeper correction is confirmed. It's first Target should technically be the 1W MA100 (black trend-line) around 21800 (based on its current trajectory).
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Right now the 1D MA200 held last week but the 1D RSI printed an oversold bounce similar to that late February fractal. As a result, once the index breaks below the 1D MA200, we can technically claim that a deeper correction is confirmed. It's first Target should technically be the 1W MA100 (black trend-line) around 21800 (based on its current trajectory).
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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I trade Crypto, Forex, Indices & Commodities on PrimeXBT — all from one account with TradingView charts 👉 tradingshot.short.gy/PrimeXBT
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.