Beast Trading _ Today's NASDAQ Analysis
NASDAQ Analysis.
It's currently falling down on a falling parallel channel.
Yesterday, it renewed its low of 10,800 points, forming a new low of 10710, and although it renewed its low point, it is walking sideways around here without a proper rebound.
It is seen as a stronger trend wave compared to the wave that rose from 10830 to 11660 in early October, and if it goes further down the current section, it is expected to fall for the time being.
It is expected that it will rise for the time being if the current section rebound and break through the upper line of the Ferrell channel.
The resistance to sale is located around 11250, and if you break through that section, it will give more strength to the rise.
The bottom line is that you have to check the fluctuations in the current section, but there are important events today and tomorrow.
NASDAQ's very sensitive U.S. ppi (Producer Price Index) and U.S. cpi (Consumer Price Index), which are announcements directly related to interest rate-related issues, so they bring great volatility to the market in a moment.
You can make a lot of money because of the large fluctuations, but you can also lose that much.
It is also good to wait and see these events that have a lot of fake moving.
If you want to try selling, adjust the weight/scale to lower than usual to minimize losses in large volatility.
NASDAQ Analysis.
It's currently falling down on a falling parallel channel.
Yesterday, it renewed its low of 10,800 points, forming a new low of 10710, and although it renewed its low point, it is walking sideways around here without a proper rebound.
It is seen as a stronger trend wave compared to the wave that rose from 10830 to 11660 in early October, and if it goes further down the current section, it is expected to fall for the time being.
It is expected that it will rise for the time being if the current section rebound and break through the upper line of the Ferrell channel.
The resistance to sale is located around 11250, and if you break through that section, it will give more strength to the rise.
The bottom line is that you have to check the fluctuations in the current section, but there are important events today and tomorrow.
NASDAQ's very sensitive U.S. ppi (Producer Price Index) and U.S. cpi (Consumer Price Index), which are announcements directly related to interest rate-related issues, so they bring great volatility to the market in a moment.
You can make a lot of money because of the large fluctuations, but you can also lose that much.
It is also good to wait and see these events that have a lot of fake moving.
If you want to try selling, adjust the weight/scale to lower than usual to minimize losses in large volatility.