This is my view on this pair for the next days on #NASDAQ
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and...
Classical technical analysis using Fibonacci and Elliot wave analysis.
On the #Nasdaq100, #SPX500, #Silver, #Bitcoin, #Ethereum, #XRP, and #NEO
The Nasdaq closed above the expected fib236 resistance and ran up well in the European trading session. There's resistance at the daily 50 moving average which is about to cross the 20 day (bearish). The S&P500 has had...
Central banks around the world are coordinating in a last stand to prevent global meltdown. So - they're about to decide massive liquidity injections into 'their economies'. China, the USA, Singapore are already on board. Expect Germany to follow cuz the German economy is on the brink of a recession.
What this could mean is a number of things:
1. The punters...
Man and Money won round one over the virus, propping up markets world wide for short time. The skirmish was one by flooding the markets with cheap money and other means of boosting sentiment.
But shortly after round one, the markets began to burn down. A great jobs report in the USA was ignored. A minor 10 min blip north then the markets went south after...
In this screencast I set out why I think the NASDAQ is in deep trouble and uncertainty. This is truly beyond technical and fundamental analysis.
I'm looking into the psychology of markets. There is a whole lot to fear in this market. Reality is catching up on fantasy. It's been a long lovely dream and the big boys have made their killing. They will not want this...
I'm using this mainly to see how it influences other stock markets.
I've entered a small position size short on this based partly on experience on the 1H time frame. But that's not where the main action is.
This market tends to influence events in the Indian and Japanese stock markets.