📊 Weekly Forecast Update: April 7–11, 2025

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🔍 Market Highlight: Gaps Tell the Story

This past Friday, both the US30 (Dow Jones) and NAS100 (Nasdaq 100) opened with a strong bearish gap — a rare yet powerful signal for institutional sell pressure. Notably:

Previous Close > Today’s High

→ This setup reflects a gap down with no attempt at recovery, reinforcing bearish sentiment.

Such price behavior typically signals strong institutional momentum, which is often followed by further downside moves or temporary consolidation before continuation.

📌 Key Zones to Watch This Week

US30 (Dow Jones Industrial Average)

• Resistance: 39,000 – 39,400
• Current Key Zone: 38,300
• Target Support:
  • Short-Term: 37,900
  • Extended: 37,200

We expect any pullback to be capped below 39,000, with sellers likely to remain in control. A break below 38,200 could accelerate the drop toward extended support levels.

NAS100 (Nasdaq 100)

• Resistance: 17,800 – 18,000
• Current Key Zone: 17,400
• Target Support:
  • Short-Term: 17,000
  • Extended: 16,420

The market structure remains weak below the 18,000 resistance area. Continued bearish momentum may lead NAS100 toward the psychological 17,000 level, with further pressure bringing 16,400 into view.

📉 Sentiment Outlook:

• Institutional traders remain cautious.
• Retail traders should avoid premature buys until we see structural recovery.
• Volatility is expected to persist across tech and industrial indices.

Stay updated with Bonang Financial Institute for precision market mapping. We remain committed to providing clean, signal-backed insights to empower your trading decisions.

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