Nasdaq Composite stays in the long mode and tries just now
to make new highs.
For all who are in trades here i have marked some aereas
to watch.
In addition i have added a blue Trendline which is far away at the moment
but we have to look these line in the next week.
At the moment all okay for Longs.
Good trades
If you want to support my work please like...
Hello to all watching my charts.
Today i come back to my NASDAQ Future which is in SHORT mode
at the moment since yesterday,
There it has been a break of the major up long trendline
and after that a break of the major support
at
7940
Since then we are SHORT
First sign of strength should be a climb above the
upper shortttime trendline of my system at...
After an 8% drop, is it time to buy again? If the fundamental analysis is ignored and we focus on technical analysis, we will draw some conclusions:
According to the Ichimoku indicator, there is no change and the bullish model is still strong and stable.
The last drop in May was about the same amount of decline and you know the sequel ...
The 7600 has strong...
NDAQ has completed a bearish shark pattern.
The volume profile is showing that stock market traders are not interested to trade here.
The RSI is overbought and turning bearish.
The MACD was strong bullish but now it is turned weak bullish.
Regards,
Atif Akbar (moon333)
We have a rising trend, Stochastic in the correct range to open a positivity on the NASDAQ, Ichimoku indicator supports further long-term gains, and if we finish a green week it is a positive sign after the star-candle
RANGE
Today we do see Nasdaq in range bound
from 7560 to 7620
I have marked the range with 2 red lines for easy view.
To check an outbreak of these range we do need a fall below
the support 7560 or a start to new highs with an outbreak above 7620
Till one of these scenes will happen i suppose to do nothing.
After the decision its more easy to go in a long...
