When breakdown happens everyone will see whats coming from underworld.. If some bigshort idea. this what it is.. Can this bubble get bigger ? Fed and its scheme operation can make bigger.. But not forever.. ...
E' un'ipotesi a dir poco folle in questi giorni...sono i giorni della negatività assoluta...ma sono quelli che producono sovente l'inimmaginabile. Molte cose devono girare per il verso giusto...cose politiche...cose economiche... ma andiamo al tecnico...il pattern è il rarissimo BUY CRY AND DIE...l'ultima volta che si è visto sul ndx è stato nella primavera/estate...
As per head and shoulder pattern target not yet reached,
Weekly trend direction is down and break below 6800 & 4hr rising trendline could trigger next leg lower
Nasdaq (weekly log chart) testing long term UpTrend support line
We have a higher opening now on the NDX' and on the right we can see the future already broke that trend line. This shows we might be able to move higher for the short term. In theory we should stay below the 7000/7050 for the H&S, but markets don't follow the rules of course. If we start to see rejection at the current red resistance zone, we might see allot more...
NASDAQ / USD TA Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Simple NDX 100 EQUAL WEIGHTED vs MARKET CAP WEIGHTED ...
Long term log chart Nasdaq 100 index support around 6500 points, as arrowed.
NDX - educational use. All comments and critiques welcome, thank you!
Future of financial markets are completely just a central bank bubble that is waiting to bubble and it is getting really close with Amazon hitting $2000+ RSI is is way over bought on all time frames. Could be a matter of weeks or months before the party is over.