Nasdaq The Nasdaq closed higher despite Trump’s tariff announcement. On the daily chart, the MACD buy signal remains intact, and the index posted a strong bullish candlestick, confirming an upward bias. However, given the lack of volume behind the move, the market remains within a range-bound structure rather than signaling a clear breakout. For meaningful...
Nasdaq The Nasdaq closed lower as the market digested the Employment Trends Index (ETI) report. On the weekly chart, a sell signal is in play, yet the index remains within a range-bound structure. Until it reclaims the 5-week moving average, any upside move could still face rejection. On the daily chart, the MACD has not yet crossed below the signal line,...
Nasdaq The Nasdaq closed slightly higher with low volatility. As mentioned yesterday, the daily chart shows that the index is holding support at the 3-day moving average, while the MACD remains in an upward buy trend. However, resistance is evident along the upper trendline connecting previous highs. Today, a pullback toward the 5-day moving average should be...
NASDAQ The Nasdaq broke out of its consolidation range and closed higher. On the daily chart, the index had been moving within a box range, with MACD and the Signal line flattening. However, following the breakout, the MACD has resumed its upward trajectory, signaling a continuation of the bullish trend. With a strong breakout candle in play, the market is...
NASDAQ The Nasdaq initially declined in pre-market trading due to escalating tariff tensions between China and the U.S. but ultimately closed higher. A sell signal appeared on the daily chart but was reversed into a buy signal with yesterday’s bullish candle. This suggests that the market is still moving within a large box range, with moving averages converging....
NASDAQ The Nasdaq closed lower, forming a lower wick at the bottom. The market initially dropped in pre-market trading due to Trump’s tariff imposition issue but recovered to close the gap after the one-month grace period for Mexico was announced. At yesterday’s closing price, the daily MACD triggered a sell signal. Although there was a gap-up today, further...
NASDAQ NASDAQ filled the gap and closed lower after facing resistance. As mentioned last Friday, the 21,911 level was a likely resistance zone due to the nature of the gap. This resistance played a significant role, and coincidentally, concerns over tariffs imposed by former President Trump on Mexico and Canada intensified, leading to a decline into the afternoon...
Nasdaq The Nasdaq closed higher within its range-bound market. On the daily chart, it faced resistance near the gap created on January 27. Even if the index continues to rise, it is likely to encounter strong resistance near the January 24 closing price of 21,911. Keep in mind the principle that gaps tend to get filled and that they often act as strong support or...
Nasdaq The Nasdaq closed flat as the market digested the previous day's FOMC decision to hold interest rates and major corporate earnings reports. The strategy of selling at the 5-day moving average proved effective, and despite the FOMC decision and earnings from Tesla and Microsoft, the index remained within a range-bound market. On the daily chart, the MACD is...
NASDAQ NASDAQ successfully rebounded and closed higher. Yesterday was a day where selling at the 3-day moving average was possible, and after rebounding to the 3-day line, it faced resistance and closed at that level. The rebound appears to be a recovery from the excessive drop on Monday due to overblown concerns about China's Deepseek. On the daily chart, the...
NASDAQ The NASDAQ plunged to close lower, influenced by China’s Deepseek developments. On the weekly chart, the sell signal remained intact, and the gap-down movement pushed the MACD further downward, resulting in a sharp decline in the NASDAQ index. On the daily chart, a gap was created as a bearish candle formed with a high opening price. Given the moving...
NASDAQ NASDAQ closed lower, finding support at the 5-day moving average. Last Friday unfolded as expected, with a correction to the 5-day line being part of the wave pattern, making a sell-oriented approach the best strategy for the day. The downward wave emerged in the afternoon rather than during the pre-market, resulting in extended consolidation. On the...
NASDAQ The NASDAQ closed higher, supported by the 3-day moving average on the daily chart. After a recent surge, it has reached the upper Bollinger Band, with both the MACD and signal line crossing above the zero line, confirming a buy signal. However, due to the sharp rally, there is potential for a pullback today. If the price retraces to the 5-day moving...
Crude oil is currently consolidating around the $75 level. A glance at the daily MACD reveals a close but no crossover of the MACD and signal lines. A bearish close today could signal a downturn, but a bullish close would likely see the MACD resume its upward trend. Since its correction from $79, the price has been holding above the midpoint of the January 10th...
NASDAQ The NASDAQ closed higher on news of President Trump’s plans to expand AI investments. It surged strongly to the upper Bollinger Band on the daily chart, lifting the MACD above the zero line. However, a gap formed due to Netflix's earnings report, and there is a possibility that this gap could be filled during future corrections. While the signal line...
Currently, the NASDAQ is showing a strong uptrend on the daily chart, but the gap between the 3-day and 5-day moving averages has significantly widened. Even if the market opens with a gap up today, a pullback is likely due to this divergence, so chasing buys is not recommended. For selling at the top, consider these levels: 21940, 22040, and 22110. Especially...
NASDAQ The NASDAQ closed higher, combining two days of movement into one candle. As anticipated, it rose during the pre-market session but declined during the main session. The daily chart formed a bullish candle, confirming yesterday's buy signal. The bullish trend on the daily chart is likely to continue, but with the current significant gap between the 3-day...
The Nasdaq is currently showing sell signals on the 60-minute, 120-minute, and 240-minute charts, indicating a high possibility of further decline. If a bearish candle forms on the 240-minute chart as well, the sell signal will be confirmed, making additional price drops inevitable. The direction of the candles is expected to be determined in about 2 hours, and if...