alanmasters
Short

NASDAQ COMPOSITE (IXIC) To Continue Falling!

TVC:IXIC   NASDAQ Composite Index
NASDAQ COMPOSITE (IXIC) is also ready to continue falling.

We have the bearish divergence on the RSI , which resulted in a huge crash when it showed up back in the year 2000.

Right now is different, IXIC is already going down strong.

Expect for to go down further.

Support levels marked on the chart.

Note: This is no trade advice.

Namaste.
Comment: We touched our first target. Expect additional red.
Comment: The monthly chart is very telling:
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+1 Reply
alanmasters PeacefulWarrior
@PeacefulWarrior, Thanks for sharing.
Reply
Great job , agreed !
+1 Reply
@cabesa, Thanks a lot.
Reply
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