Hey eveyone, This is just a simple chart with with the Moving Average 200 and 50. It's clearly showing that NASDAQ is about to death Cross really soon. Last time we had a death Cross was in March 2020. Best to you.
Hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (1M chart) It followed the uptrend line that started in March 2009 and then surged in March 2020. in 1M chart Resistance section: around 14448.58 Support section: around the 11167.50...
The Nasdaq composite found strong support on the Yearly S1 pivot point. Ys1 to the YP?
Today, we had the much anticipated Fed hearing and it did little to encourage markets in either way. This chart is based on what most experts, even the naive ones on CNBC are now expecting a modest correction of 15%. Checking on a few indicators here, we can see the MACD has crossed into bearish territory and couple that with the Fed raising rates, tapering, and...
IXIC (Nasdaq ETF) has been uptrending since June 2021, on a daily chart. Price has recently broken up above Trendline Support #1. Bullish scenario: -IXIC price continues to push up to new all-time-highs. -Resistance levels: $15514.67, $15846.78, $16000. Bearish scenario: -IXIC price pulls back down to re-test both Trendline Support #1 and #2 over...
We might be in the midst of a trend reversal for a rotation that has been going on since March: Megacaps and SuperLargeCaps have been going higher, while everything from SmallLargeCaps to NanoCaps has been on the decline. We've had many days recently where indexes seemed to go higher when the majority of stocks seemed to decline. That was, because we've seen...
Swing sell nasdaq. Its already at the top of the chanell. when break ot of the 1 h trend.. then its trend down
There could be little correction or box before it reaches 15000
Hello traders and investors! Let’s see how the Nasdaq is doing today! It didn’t trigger any pullback sign since our last analysis, and as we thought, it is just trending. I see nothing around telling me it’ll drop again, but we have some possible patterns that could cause a pullback here. First, notice the purple trendline . We talked about this line last week,...
Not confirmed, obviously, but the possibility is there. In tandem with the BTC chart (they've been correlating), things could get quite red all around.
Chart is self explanatory. If you cant read it, you're SOL
Bubble has to be popped before it goes higher.
NASDAQ (IXIC) Breaks UP Channel and rising wedge. TP1 @10893.0
I have to highlight that, the American stock market in 2021 is fundamentally different from the market in 2018 or 2019. Unprecedented amount of new investors have jumped into the stock market since April 2020, lured by zero commission brokers, close to zero interest rate and the boredom of COVID restrictions. Like I have mentioned before, the period of 2020-2025...
IXIC RSI is looing a bit week but could be approaching over sold here as the Supertrend issued a buy signal on the daily Monday. This would put my initial target at about 13700 in the coming weeks.
This is the Log chart of where we are right now scrolled back over a 100 years. We all know how important trendlines are, and the first time we touch a trendline, we will expect rejections from the trendline. Currently the DJI sits about ~600 points away from the trendline from the time of writing. The trendline high sits at about ~33500 points (we are not far...
Over 30 years of records - US10Y treasury yield, USDJPY yen, USDEUR euro versus NASDAQ IXIC & Dow Jones DJI - Watch out when the roller coaster lift cable stops pulling that USD dollar up.