The dow is heading lower and lower, but I believe within the next 1 and a half to two years (once corona is over and hopefully they make China pay compensation for the viruse's damages) it will go up along with the S&P and the US market as a whole really...
As of now, the way I see it is (and I might be wrong) that investors are:
1. Losing faith and confidence...
Hello Traders, here is the full analysis for this pair, Simple tools for support, resistance and trend
next target 24680
let me know in the comment section below if you have any questions,
Please note that the effects of the Corona virus are still affecting the US and global markets
Hello Traders, here is the full analysis for this pair, Simple tools for support, resistance and trend
let me know in the comment section below if you have any questions,
Please note that the effects of the Corona virus are still affecting the US and global markets
NASQAD already broke up trend line as we expected on the beginning of week
now price in up correction wave
price moving between support and resistance
breakout of key level @ 8270.0 it means price will continue major bearish wave
Volume profile shows HVN (accumulation area ) exactly between support and resistance , waiting breakout for price explosion
NASDAQ Already broke it's major up trendline
Today morning moving up to retest broken line
fake breakout happened for key level @ 8372.00
H4 and H2 charts show RSI on overbought area and also shows sell signal
Volume profile shows that price should move down for demand area @ 8225.00
NAS 100 Form Head & Shoulders Pattern , Price also breakout Nickline @ 8280.00
Price broke major up trendline ( Bearish signal)
now price retest nickline , then move down
MACD show sell signal
VOLUME PROFILE shows that price should visit HVN area
