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NASDAQ Analysis for August 24, 2026
Administrator
Staff member
The index is tracking marginal zones with high precision:
execution of the downward cycle
bounce off the Maintenance zone
correction to the quarter level from the low
movement toward the marginal zone, sweeping the lows, and testing the Initial level
At the moment, I believe that stronger support for the NASDAQ index lies slightly lower, specifically in the
28918-29000 area.
Administrator
Staff member
The index has reached the previously identified support area; keep stops below 28800. If we break through this level, I believe it would be prudent to look for entries near the
28600 margin zone and slightly lower.
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