NASDAQ-100 (NAS100/USD) Analysis
Current Overview
As of April 15, 2025, the NASDAQ-100 index (NAS100/USD) is trading at 18,728.3. The index has shown a bullish sentiment in the short term, despite being below its 50-day simple moving average (SMA) of 20,320.2.
Market Sentiment
The current market sentiment is predominantly bullish, with a trader sentiment of 63% bullish and 37% bearish. The short-term trading bias is also classified as LONG, indicating a potential upward movement in the near term【4:10†source】.
Technical Indicators
| Indicator | Status |
|---|---|
| Short-term Order Book | Bullish |
| 9/13 Count | Neutral |
| VWAP | Neutral |
| Smart Money | Bullish |
| Cyclical RSI | Neutral |
| Day of Month Seasonality | Bullish |
| Aggregated Seasonality | Bullish |
| Harmonics (Shifted) | Bearish |
| Harmonics (SMA) | Bullish |
Trading Strategy
Given the current price of 18,728.3 and the bullish sentiment, it is advisable to consider entering long positions. The immediate resistance levels to watch are:
- R1 (Daily): 19,308.7
- R2 (Daily): 19,805.1
- R3 (Daily): 20,497.7
Conversely, if the price approaches the support level of 18,119.7 (S1), it may present a buying opportunity if a reversal signal is observed. Traders should set stop-loss orders to manage risk effectively.
Conclusion
The NASDAQ-100 is positioned for potential gains in the short term, supported by bullish sentiment and technical indicators. Traders should remain vigilant for any market changes and adjust their strategies accordingly.
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