Futureguard

Futureguard

NASDAQ The NASDAQ closed early due to the U.S. market holiday, and yesterday’s and today’s daily candles will merge into one. As anticipated, the U.S. market showed an upward trend, but it is likely to exhibit sideways or downward movement during the pre-market and regular trading sessions today. While the daily chart has generated a buy signal, confirmation...

Futureguard

NASDAQ NASDAQ closed higher, breaking above the upper trendline resistance on the daily chart. On the weekly chart, the sell signal is still active, and the MACD has yet to cross above the signal line. Therefore, even if the market rises early this week, it could potentially retreat again. This underscores the need to avoid chasing highs. On the daily chart, a...

Futureguard

NASDAQ NASDAQ closed lower, facing resistance near the 20-day moving average. It struggled at the midpoint of the long bearish candle formed on January 7 (21570), which coincides with the upper trendline resistance originating from the December 16, 2023 high (22450). The market's direction—whether it breaks above the upper trendline resistance around 21500 or...

Futureguard

NASDAQ The NASDAQ closed higher, digesting the release of the CPI data. On the weekly chart, it faced resistance at the 5-week moving average, forming an upper wick. After a downtrend early this week, the market rebounded significantly. On the daily chart, the index rose to around the 20-day moving average but has yet to see the MACD cross above the signal line,...

Futureguard

Nasdaq The Nasdaq closed lower after facing resistance at the 5-day moving average. As mentioned yesterday, selling at the 5-day moving average was an effective strategy, and since it touched the 5-day line during the pre-market, sell-side trades were easier throughout the day. The daily chart shows continued selling pressure with six consecutive bearish candles....

Futureguard

Nasdaq The Nasdaq closed lower with a lower wick, as anticipated, with a downward move at the start of the week. As mentioned, the area below 20,700 was a potential support zone for a rebound, and the market successfully bounced back. On the daily chart, the MACD and Signal lines have both dropped below the zero line, marking the first time the MACD has fallen...

Futureguard

Nasdaq The Nasdaq closed lower following the non-farm payroll data release. As noted in yesterday’s analysis, the possibility of a sharp drop in the third wave of selling on the 240-minute chart was highlighted and has largely materialized. The monthly 5-day moving average (20,880) emphasized this month acted as support, forming a lower wick. On the weekly...

Futureguard

Nasdaq The Nasdaq closed flat due to the U.S. stock market holiday and early futures market closure. The MACD has fallen below the zero line on the daily chart, indicating continued selling pressure. Today's non-farm payroll data will be a key event, as it may determine whether the Nasdaq breaks below the 60-day moving average and continues its decline. On the...

Futureguard

Nasdaq The Nasdaq closed lower. On the daily chart, the MACD has fallen below the zero line, signaling continued selling pressure. If the 60-day moving average support level is broken, it would be prudent to prepare for a drop toward the monthly 5-day moving average and potentially the 120-day moving average, depending on market conditions. However, with the...

Futureguard

Nasdaq The Nasdaq closed lower due to disappointment following Nvidia's new product announcement. On the daily chart, the MACD failed to converge with the Signal line, turning downward, and strong selling pressure emerged. If the weekly chart shows a candle with an upper wick breaking below the 10-day moving average, a dead cross on the MACD is likely. On the...

Futureguard

The Nasdaq closed higher with an upper wick on the daily chart. As mentioned previously, this week is expected to show buying pressure at the beginning, followed by selling pressure towards the latter half. After the 240-minute chart's buy signal, the daily chart's MACD is moving closer to the Signal line, indicating buying momentum. However, achieving a...

Futureguard

Nasdaq Analysis Yesterday, Nasdaq closed higher on the daily chart. It formed a double bottom near the 21,000 level and rebounded, entering a consolidation range near the moving averages. The MACD remains above the zero line, and the Signal line is also above the zero line, suggesting the potential for another upward attempt this week. However, due to the...