Nasdaq 14/5/2022 Lets see if there will be a strong rebound coming next week , Take note 14k area if cannot breach may further retrace harder again.
S&P500 14/5/2022 Last week we mentioned that it is oversold and has potential to rebound , next week will be the week? Take note on 4500 resistant zone.
DJI 14/5/2022 DJI Still relatively stronger as compare to S&P500 and Nasdaq as the components are different, 15% down from peak now . From weekly chart there is a hammer formed but if to rebound 33.7k will be a strong resistant zone
S&P500 17/4/2022 Similarly the closing is not that good , the turbulence might continue next week until a proper reversal sign is showed
Nasdaq 17/4/2022 On Thursday , it closed another bearish engulfing candle here, can this fibo 0.382 area able to hold? or Further weakened?
Nasdaq 9/4/2022 No More Bad News from Covid, Russia-Ukraine War, Inverted Yield Curve and here comes the Rising 10 Y Yield , Upcoming Earning calls again . Never ending uncertainty , this is why the market going up and down . Invest in great companies at low is forever the golden rule for consistent profit over the long run . In Chart, Nasdaq pulling back for the...
DJI 3/4/2022 Long term downtrend flag pattern breakout , short term may pull back but positive for longer term .
S&P500 3/4/2022 Hammer formed , potential end of retracement? Further correction?
Nasdaq 3/4/2022 Doji formed but still room to further correct to 13.7k?
Nasdaq 27/3/2022 Downtrend Channel breakout , 14300 first resistant
S&P500 27/3/2022 Nice Breakout too , but reaching first resistant area 4588 .
DJI 27/3/2022 Flag Breakout , and expect a higher low forming soon . Can look for the higher low dip to add more positions.
BTCUSD 20/3/2022 Previously we mentioned that US Indices might breakout from the downtrend channel like Bitcoin , it may now follow this bitcoin chart again breakout pull back forming higher low as what happening in bitcoin chart right now . The first resistant for bitcoin remain at 46k area.
Nvda 19/3/2022 Break out from major downtrend channel , now is going to retest back 268 sideway resistant . It is a good sign , if a dip back and form higher low might be the last opportunity to add on weakness.
Nasdaq 19/3/2022 Breakout from downtrend channel as well . Dip and form higher low will be great opportunity. Likely a change in major trend , moving out from downtrend channel
S&P500 20/3/2022 Flag Pattern Breakout , is a good sign . Next resistant will be at 4594 now.
Nasdaq 13/3/2022 Immediate support 12720 , market might not be peaceful as long as the main downtrend line yet to breakout
S&P500 13/3/2022 Two days of positive momentum spoiled once again by Friday's closing candle. Next week will be depend on FOMC Decision and market likely to be volatile again . Short Term Support 4169