NASDAQ: NDAQ Looking Bullish Go For Buy Trade
What if SP500 tops at the fibo extension (4100) from 2016 to 2020, which is in confluence with the upper trend line and from there it sinks to 1500? 1500 is the fibo extension from low to high 2020-2021 supposing it will top at 4100. Fibo extension 1.61 is exactly the the top of 2008. Do you think that will happen or the market will ignore the financial crisis and...
As we can see market tests its upper trendline since 22 July 2020 and now turning to its support.
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When comparing tech focused ETFs/indexes, namely $NDAQ and $XLK, we can see that $SPY has recently been outperforming them. My theory is that this is an unusual case and a sign that tech stocks are near tops. Given that I did not receive the dip I wanted, I have difficulty putting on a short position on tech. There is also the factor that the highs have not been...
Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- The gap (3162.47-3201.27) rose and attempted to break above the downtrend line (4), but failed to break. If the gap does not go down, it is...
Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- It started with a higher gap, but closed below the base line. It also fell in the MS-Signal indicator. You need to see if you can get...
Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- We must see if we can ascend above the 3294.62 point. It has moved in the opposite direction of the NDAQ index, so we have to see if the...
Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- It's time to see if you can sideways along the uptrend line (1) from 3104.0-3294.62 between October 23 and November 20. If you go down the...
SPX shows signs of serious weakness having on mind technical side of the story. TECHNICAL PART: - DAILY MACD BEARISH -WEEKLY MACD BEARISH -DAILY STOCH RSI BEARISH. -WEEKLY STOCK RSI BEARISH From technical side i don't have doubts that stock market will experience one more crash which will be followed by inflation of USD towards 1,26 and 1,35 instance over...
Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- It remains to be seen if there will be a flow deviating from the 3104.0-3294.62 section. It remains to be seen if it is possible to break...
Based on last Friday closing price, we can see that Nasdaq is more bearish comparing to DJI & S&P 500. Will see next support level at 10800.
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks Looks like there is something big happening with Nasdaq. The amount of bearish volume present in the candle which did a re-test of the previous ALL-TIME HIGH region as support, is quite high and not seen in a long...
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NDAQ is of course highly correlated with NDX, QQQ, and relate tickers so if NDAQ looks bullish it is a sign that TQQQ and SQQQ will move predictably. If NDAQ is bearish that will have likewise opposite effect. NDAQ came screaming out of the March low to set an advance into a buying climax. The initial give back of that buying climax sets up the Automatic...
Nasdaq's bull run was unreal. Out of this world. Irrealistic, many would say. We all knew this was going to happen at some point. Call me delusional, overly optimistic, or even naive. But I am not panicking just yet. We broke through resistance and a pull-back to the new support is a healthy signal. We need the Nasdaq to slow down, we need to put a break to...
We Se Here The Price Break Out Trend Area + Break Out Resistance Area So >> We Can See More Up For Upper Resistance Area