The Strongest Buy Zones for the Nasdaq in the Long Term The U.S. Nasdaq index continues to move within a strong uptrend. The index has managed to break through its previous high and close above it, forming new buy zones. These new buying zones are considered among the most important and best expected buying zones on the index, and they are expected to drive the index higher again in the event of a correction and retest. Buying Zones and Expected Targets As mentioned, the identified demand zones that formed near the 29,003 level are currently among the best expected buying zones. If these zones are tested, the index is expected to rebound and rise toward the specified targets near the 29,300 and 29,800 levels, respectively. However, if the daily candle breaks and closes below the identified demand zones, the analysis and the expected rise in the index will fail.
