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IXIC trade ideas

Will the Nasdaq $IXIC bounce on Wednesday (Fed Rate Hike)?On the day of the increase most likely the market will go up which is counter-intuitive because when you think about increasing interest rates money becomes more expensive to borrow. So shouldn't stock go down? Usually, that tends to be true, but when there are High rates of inflation investors want to pay less money for a company. P/E values get compressed because the time value of money means that investors need to use a higher discount rate when valuing a company. (Money today is worth more than it does in the future) But when you have high rates of inflation you have to take that into consideration so that when inflation comes down stocks will eventually go up because there will be this uncompression so that's what happens to the stock market.  For the real estate market, this is much easier to understand. When interest rates go higher, homes become more unaffordable in the short term but in the long term the values go down. Now, if you take a look at the chart, on the last 4 hikes, we saw 4 big green candles on the day of the hike. Also, the RSI indicator shows that the market is currently oversold. So probability-wise, I think we will have a green day on Wednesday but who knows in the mid/long-term... The mid-term and long-term trends are still bearish. Federal Funds Rate Hike / Nasdaq on that day: March 16, 2022: 25 points / +3.77% May 02, 2022: 50 points / +3.19% June 15, 2022: 75 points / +2.50% July 27, 2022: 75 points / + 4.06%
NASDAQ:IXIC
by jimmplan
1987-1999 NASDAQ Structure vs Current Friends I hope your all having a lovely day. Just wanted to point out the eerily similar structure in the NASDAQ from the 1987 crash to the run up to 1999. The thing I want to primarily highlight is the correction PRIOR to the final leg up in 1999-2000. So this fractal copied IMMEDIATELY before the FINAL BLOW OFF TOP. The structures are IDENTICAL. BUT, not only that, the correction prior to the Final blow off actually had a 30%+ correction, AND retraced to the .382 Fib. Guess what??? Our current correction has fallen the EXACT SAME AMOUNT AND HIT THE EXACT SAME FIB!!! Coincidence??? Maybe. But with Bears everywhere you turn, my gut and the charts are screaming that we have one last melt up before the end of it all and the Crash to best all crashes.
NASDAQ:IXIC
by JTheretohelp1
3
Possible Support and Resistance LevelsPrice appears to have hit point C and came to a halt for now. This formed an ABC pattern and the target is D. The pattern would then reverse back to the downside. It does look like there may be some upside before another leg down but the market will most likely be a bit bouncy. If one wanted to risk it, they may want to enter a trade long at 11845 and possibly exit at 12465.50, re-evaluate and maybe hit 13088ish. The overall trend is down, but a market does not go straight up or straight down. No recommendation/Just an observation. The trend is your friend until it ends.
NASDAQ:IXIC
by lauralea
IXIC bear trap, will skyrocket soon This bear trap is too obvious. Now that most investors know the recession story of June 2022 was fake and irrational, there's really no basis for the major stock indexes to go much lower. However, there's probably more consolidation between 11600 and 12600 in September, as October is perceived as the traditional bearish month and investors keep panicking about the FOMC meeting. Only the most irrational and reckless traders would short near 11800, which would be guaranteed financial ruin in the long term. Just buy as much index fund as you can, sit back and enjoy the end-of-year rally. The crazy newbie investors of 2020 and 2021 are mostly scared and liquidated out of the market right now, but sooner or later they will jump into the market with more cash, pushing IXIC to another crazy bull in 2023 and 2024. IXIC goes up, newbies got jealous, newbies jump into the market which pushes IXIC further up, making more newbies jealous... Feedback loop as they never learn.
TVC:IXICLong
by MarcusAu
1
Dont be greedy on IXICAs I posted IXIC price movement speculation a year ago or so, now I want to warn you this is only one of the possibilities. As we kno the price movement can choose only between two dirrefent directions. Either up or down. But now it looks too good to be true to me. But this time is different. With all the world situation and economic war between US and most of the worlds countries, media propaganda about big bear in front of our economy, europe automobile industry "cold". This is all the signt, that tells us be cautious. Be prepared to go at least "half-in" if the price starts to form higher lows on weekly chart. I Will give you updates about my movements and taught, what I think about this crap. See you down here eventually, Wish you luck, DonLobster
NASDAQ:IXIC
by donlobster
3
Here's Why You Should Think Twice Before Selling TechThis is a 2-month chart of the Nasdaq US Composite Index (IXIC). At the bottom is the Stochastic RSI which oscillates up and down depending on how overbought or oversold the market is. There have only been a few times since its inception a half-century ago, that the Nasdaq Composite Index had a 2-month chart this overextended to the downside. The K value of the Stochastic RSI has actually reached zero. If the 2-month chart closes at that level, it will mark a super rare occurrence that has only occurred twice in the history of the Nasdaq (the last time being at the bottom of the Great Recession). I calculated the one-year returns for the Nasdaq one year (from low to high) after the K value of the Stoch RSI on the 2-month time frame dropped below the oversold line (to or nearly to 10). For the case of the Dotcom bust and the Great Recession, I selected the point when the Stoch RSI's K value first reached 0, which is its current reading and which is thus fairly comparable. Even during these significant economic downturns, buying at this oversold level produced decent returns one year out. Obviously, past price action does not guarantee future price action, but history does tend to repeat itself. Odds are that ten years from now you'll probably be wishing you had bought into this oversold level. Here are the one-year returns from the market bottom during the 2M period (when the Stoch RSI K value met the criteria listed above) to the market top of the 2M period one year later: +95.78% +36.47% +31.24% +78.89% +20.17% +69.50% +27.14% +52.36% Mean: +51.44% Not financial advice. As always anything can happen.
TVC:IXIC
by SpyMasterTrades
Nasdaq Composite dropping. IXICIt is appearing to be doing so along with the other major indices and there is plenty of data to speculate that the drop will continue technically and from a valuation standpoint. How low are we going? No one knows, but we have charted a few goals reasonable to us. A book can be written on how we derive the goals, so we won't bore you now. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
TVC:IXICShort
by Rykin_Capital