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NASDAQ Forecast for May 19, 2026
Administrator
Staff member
The index had a solid run yesterday, but we failed to retest the target zone.
As of this morning, the market outlook remains ambiguous.
I am flagging 29,000 and 29,100 as local resistance levels for short positions, though strict stop-losses are mandatory here.
Administrator
Staff member
We have seen a strong bounce from the designated levels.
Stop-loss can now be moved to break-even.
Administrator
Staff member
You can now move your stop loss to breakeven.
The margin zone of the bearish cycle is once again in focus within the 28,500-28,610 range.
Administrator
Staff member
Precise execution of the bearish margin cycle.
Testing the target zone.
