NASDAQ has remained in a Bullish trend for 23 weeks

pretiming
02-18

$NASDAQ(.IXIC)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2503(NQmain)$

NASDAQ has remained in a Bullish trend for 23 weeks, gaining +20.0% since entering this zone in September 2024. The index continues to show strong buying intensity, and the trend is expected to sustain upward movement over the next 10 weeks, despite occasional moderate corrections.

Long-Term Strategy: Buy and Hold (Maximize Gains in a Strong Bull Market)

Bullish Zone Characteristics

  • NASDAQ has been in the Bullish zone since September 1, 2024 (23 weeks).

  • Current Trend Level: +41% (Strong Bullish Momentum).

  • Expected Trend Zone (Next 10 Weeks): +55% (Continued Strength Expected).

Investment Highlights

  • Strong buying pressure keeps the market in an upward trajectory.

  • Upward momentum remains dominant, with only mild correction phases.

  • Holding long positions is recommended, as NASDAQ is expected to continue its bullish trend.

Current Position

  • Position Duration: 23 weeks (since September 1, 2024).

  • Cumulative Performance:

    • Gain: +20.0%.

    • Buying Price: 16,690.8.

    • Current Price: 20,026.8 (+3,335.9).

Recommendation

  • Maintain a long-term Buy and Hold strategy to maximize gains.

  • Continue holding as long as NASDAQ remains in a Bullish trend.

  • Only consider exiting when the market shifts to a Bearish zone.

Strategic Takeaways

  • NASDAQ remains in a Bullish zone, making long-term holding ideal.

  • The trend is expected to strengthen, supporting the "Buy and Hold" strategy.

  • Continue holding as long as the market remains in a strong uptrend.

This strategy allows long-term investors to ride the trend while giving short-term traders opportunities to capitalize on fluctuations

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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