The Trust Layer for Market Analysts

The analysis focuses on the NDX (Nasdaq 100) weekly chart, indicating a bullish trend. The strategy suggests waiting for the price to retrace and enter the green shaded area, which represents exponential moving averages, before buying. This entry point is identified as the optimal time for a bull market purchase. The historical data shows that buying after the price touches or enters this green zone has historically led to further upward movement. Key levels of resistance and support are visually represented by dashed green lines. The current price is around 26590.34, with a target price near 27000.00 and a failure bound set below the green zone at 24587.53, indicating a bullish outlook.