Intraday Market Thoughts

Capturing 2000 points & 4840

by Ashraf Laidi
Apr 9, 2026 13:11

On March 30th, I sent an IMT (see here) highlighting how we called the bottom in Nasdaq at 22780, with a video demonstration shown here . On Monday, we issued a bullish post on Nasdaq, calling for a rally extension to 24,440 at the meeting point of the 200-DMA.  This is what we call 2000 points highlighted to out WhatsApp Bdcst Group members. We ignored the insults-ridden messages of Trump, we disregarded his threats to "destroy civilisation" and stayed Long Gold and Long Nasdaq until 4840 and 24,440. 4840, you may recall is a near make-or break level for Wave 4. So,  You have two choices: Chase Trump and the news on every release, or stick to a set of fundamental and technical framework. Here is one message sent on Monday before going on holiday. 

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Capturing 2000 points & 4840 - Whatsapp English Vacation (Chart 1)

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Capturing 2000 points & 4840 - Whatsapp Arabic Vacation (Chart 2)

 
 

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