US market overview (personal opinion and analysis)Hi Traders,
Lately a lot of my friends asking me about the US stocks market analysis.
So today i would like to share the analysis based on what I see from the chart and condition.
To be Honest, right now i don't want to invest my money in the US stocks market. if i can say right now they are at the top and about to go down. I already remove all my US stocks at the begining of this year just before the presidential election.
based on my opinion, it is always better to wait and enter at the correction.
waiting is probably the hardest thing, because no one know when it will move. it can be 1 year, 2 years or even more. so in the mean time i switch all my funds to property, money market and bonds.
and also another fact that support me to not entering the market is because of the new US president. his decision could make the market go wild.
I know that the US market condition is really tempting right now, but right now is at the top of their market performance and buying at the top is not a good idea. it is wise to wait and watch the situation first.
Good Luck and Trade wisely
NDAQ trade ideas
NASDAQ ALL SET FOR LONG FOR MEDIUM TERMNASDAQ STOCK is going through a overall Corrective Context with a consistent respect of its key S/R levels. Now 67.00 level has broken. so retracement from 67.00 or near that level we can go for long targeting 69.65.
Bias will be changed only if a major break down happens in bearish side below 67.00. Probability is few of it.
So I am staying with the Bullish. Happy Trading. Like and Follow me for more charts.
NASDAQ - "PARTY IS OVER"...is it?Holy Moly...
I use Newtons law of Action/Reaction many years now.
And again - i'm floored once more, how one can do a little "magic" with this knowledge.
Time will tell if we go down from here, but hey - If I see the previous FACTS in front of me, I really don't bet anything for another move up!
Thanks to all my followers for your support!
P!
Get your seat on the FREE Action/Reaction course and enroll today:
mytradingcoach.teachable.com
NASDAQ SHORT?NASDAQ In a big channel in Daily and we have got pretty good Bearish divergence in RSI 14 period. All you need is some extra PA to confirm the sell. Maybe we could go to shorter timeframe and look for a bearish pattern breakout to target 53.40 but I would not mind selling with a limit here but we have seen a couple of test so we have to be careful on the sell limit orders. I prefer going back to Shorter timeframe and look for a Breakout.
Thanks.