NYSE Composite Index is at Support This daily price chart of the NYSE Composite Index is hovering above its support level after recently (May 15th) breaking out. by jpmonaghantradeview0
Technical Analysis Of NYSE Composite Index In Daily Timeframe (1) After the breakout of the Rounding Bottom pattern, price has given a sharp upside rally and reached to its previous All Time High at near 18,340. (2) After that, a sharp correction has been seen, which was quite natural. Price took support at near 17,380 level. (3) Then with a strong up move, price made a fresh All Time High at near 18,400 level. (4) 18,330 level will act as an immediate support level for the price and It is expected that the price will go up again from this level and achieve new highs. (5) The overall sentiments will remain positive until the price is trading above the 17,380 level.by NaranjCapital1
NYA, big pictureI think the NYSE Composite Index is very helpful in terms of showing where I think the major equity markets are, in terms of a five-wave cycle. I have wave ((1)) ending in October 2007, wave ((2)) ending in March 2009 (Great Financial Crisis), wave ((3)) ending in January 2022 and wave ((4)) ending in October 2022. I expected wave ((4)) to go deeper and get closer to the wave (4) of the lesser degree (COVID-19 bottom), but it did finish between the .236-.382 fib retracement drawn from wave ((3)) to wave ((2)), which is rather classic for a wave four. The COVID-19 correction went below 10387.1680 (top of wave ((1)) ), so the COVID-19 of March 2020 can't be the wave ((4)) of higher degree. I think the most likely count has us in wave 5 of (3) of ((5)), and that SPX, DJI, NDX, and RUT are all in the same place, setting up for a major top within the next 12-24 months.by discobiscuit1
The trendline provided a guide to stay in the market!This chart was posted on May 1st. 15 days later and the market hit new highs. The trendline was a successful guide to stay invested. by jpmonaghantradeview0
A time for a caution? I follow #NYA for neutral and less biased view of the market. by Successful_Inv_StrategiesUpdated 4
NYSE Composite Index - 5% correction - small base formedNew Trend Line established providing a new support base for price to continue its uptrend. Disclosure: Not investment advice. Not a recommendation to buy or sell securities. This is for educational purposes only. Investment involves risk to capital and offers no guarantees of increasing one's investment.Longby jpmonaghantradeview0
NYSE composite index chart for those trading in NYSE.Hello everyone This chart can be so helpful for who are trading NYSE instruments and it is very close to Dow chart. According to this chat we have had a rally in Oct 2022 and I marked it as wave 1/A Primary and then a textbook correction that ended with 14638.3728 in Oct 2023 (Exactly one yea later) and then another rally started as a clear 5 wave impulse and it is been a while that we are in a channel that might probably wave 5 minor. There are 2 scenarios : 1- this bullish minor impulse was wave C of ABC primary that is making an expanded flat for wave 4 in higher degree or 2- it was just wave (1) intermediate of wave 3 primary and then we will see a HUGE bullish market for NYSE members. Note: If you consider Kennedy Channeling (I love it) this channel is a terminated channel (wave 5 Minor) and it decline break out will be the end of wave 5 Minor.Shortby AMA_FXUpdated 1
NYA, entire historyEntire history of NYA. Looking for wave B of primary wave 4 (expanded flat) to top out soon, near channel trendline, looking for wave C to bottom out below 12000 but not go below 10387.1680 (top of wave 1).by discobiscuit1
NYA weekend updateLooking for B wave of primary wave 4 to top out as it gets closer to the upper bound of the parallel channel, C wave to complete in the 11000-12000 area and stay above 10387.1680by discobiscuit0
1/11 /24 and why nya has reached the trendlineThe posted was that of the nyse we have now reached the long term trendline . I am of the opinion that based on timing and math we are nearing the end of wave 3 of 5 we should begin an rather nice decline into april and then blowoff to the upper channel into may 11th by wavetimer3
NYA Head and Shoulders setting up?Just any early thought on NYA and it overbought state, let me know what you think. Its very overbought and you can feel the dip coming.Shortby Higham830
NYA, entire historyI think the NYSE Composite Index best shows where I think equities are at and where I think they are going. Primary wave 1 ended in October 2007, wave 2 in March 2009, and wave 3 in January 2022. Wave 2 is a zigzag that lasted 511 days and resulted in a 59.74% drop. Wave 4 should be any corrective structure other than a zigzag. It has been 784 days since January 2022 high. I am looking for wave 4 to be an expanded flat, as the area in the orange ellipse just does not look impulsive to me. I believe that the B wave of wave 4 is at or near completion and for the C wave to terminate between 10387.1680-11250. Good luck.by discobiscuit1
SEVEN SPIRALS JAN !)to JAN 18 A MAJOR TURN EVENTThe chart posted is the NYSE and I have not alt one wave within the count and We have 7 golden ratio spirals in time pointing to a FOCUS Point the week of JAN 10 to the 18th 2024 I am LOOKING FOR A WORLD WIDE EVENT If you look at each one of the points The Markets had HUGE MOVES that started. We are now also above the monthly Bollinger bands in the dji Everytime we broke above the band back to 1902 by 1.4 to 3.45 % btw we only had once 4.4% in 121 years The DOW had a sharp move to the downside 10 % or more and most were the FINAL PEAKS we are now 1.25 % above . BEST of TRADES WAVETIMERby wavetimerUpdated 337
NYA Market Top?Impossible for anyone to be too bearish given the recent 'generational bottom' that has been pushed by the majority of outlets over the past 2 months, but the larger count on NYA does not appear to be that strong, for all I know, we topped last week, and any signs of weakness may see follow thru for a pattern similar to the one shown in 2024. We'll see how it plays out.Shortby BrukksUpdated 1
NYSE (NYA) Consolidation - Decisions Soon?NYSE needs participation from small caps. The total market is not free and clear. Internals, Divergence, etc...becoming harder to trust to long. We will see which direction is confirmedby Brukks1
McClellan and NYA on the NYSE - There could be problemsThis chart seems to tell a different story than the SPX. I don't see a cup and handle, but liquidity just above us. Also the McClellan Oscillator is close to the extreme.Shortby trepidity1
Target for us stock market (NYSE COMPOSITE INDEX) cap and handlefirstly : The NYSE Composite (^NYA) is a stock market index covering all common stock listed on the New York Stock Exchange . the inverse cup and handle pattern, would lead as toward the red rectangle , which represent 10-13.5% fall from today's price . the indicated zones consist of ; 2 strong supports , 1.382fib level , Hosoda target and cup and handle target . this target would give us a correction of 30% from the ATH . the pattern is unfortunately confirmed with the retest of the breakout . but remember , TA is only probabilities! this is not a financial advice . thank you .Shortby youyousagUpdated 222
WAVE 4 low is in place wave 5 in the Diagonal still intact We seemed to have dropped in a another 3 wave structure this only happened in triangles or diagonals open a book and learn ELLIOT WAVE before you open your mouth and make a statement. I studied ew from A.J Frost in letters back and forth in my 20,s NOT BOBby wavetimer6
NYA this has been the wave count since DEC21 The chart posted is that of the NYSE this was my view since I wrote the coming turn in dec 8 2021 calling for a 20 % plus decline into oct 10/20 week target 3511/3490 in the sp 500 . The FRACTALS are all based on the DATA back to 1902 by wavetimer116
NYA, READY For the Next FLAG-BREAKOUT, Major EXTENSION!Hello There! Welcome to my new analysis about the NYA, NYSE Composite Index on the Daily Timeframe Perspective. In the recent times the stock market did not showed up with a massive bearish inclination to the downside and bearish pressure unfolding due to stabilization dynamics that are still holding on within the market. Although not every stock within the market is bullish there are signs in sector stocks and stock indicies which are worthwhile to consider and especially in this case I detected a major formation developing now within the NYA, NYSE Composite Index. As when looking at my chart now the index is still trading within this massive paramount uptrend-channel in which it has a substantial support within the lower boundary as the index already bounced several times within the index and already completed several bull-flag-formations pointing to a solid structure from where further continuations with consecutive highs have a high potential likelihood. What is also building a major support for the index within this range here is the demand zone marked in green in my chart, this zones builds a coherent support as the index already bounced several times within there. Right now, the index is building the next bull-flag-formation marked in blue and as the index is finding support within the 100EMA in blue as well as the 200EMA this is building a twofold support here. Once the index has formed the breakout as it is marked this will lead to the final wave-setup to be the origin of the wave-E-Extension within the major wave-count reaching from A to C, therefore it will also be the origin of the wave C within the preeceding large wave-count-structure. This means that once the setup has shown up the first target-zone is within the orange level and above that the orange target-zone in the upper boundary of the large channel. In this manner, thank you everybody for watching the analysis, support from your side is greatly appreciated. VPby VincePrinceUpdated 4418
NYSE (NYA)Huge rising wedge Here... Looking for a dead cat bounce like the previous circles before heading to support . This drop to support or weekly 50sma would take spy to 420-424. From there we'll take another leg up or it's the end of the road and we're headed lower than Sept 2022 lows by ContraryTrader334
THE REAL CRASH starts after the next new highThe chart posted is the NYA for my whole life in the trading and advising for over 41 year this is and has been the true market see my work in jan 2018 the true market peaked in sept 2021 and we have had classic wave structure since the oct low is the end of wave A and we have been in what looks to be the ABC rally to end WAVE B on a super cycle degree I still have us making one last gasp into sept 10 TH . if you look close at the nya chart you can see we are in the same place on 8/16 2023 as you were on Aug 16 Th 2022 BTW those were my major spirals called another panic drop into oct 10/20 focus on th 16 low was oct 13 target 3511/3490 low 3491 in the Sp and Nyse hit too the tick its target . we are nearing the end so be Patient .I have talked a lot about a panic into mid to late Aug . we are going to bottom within hours of this post and we will then rally in wave5 to end the ABC rally to mark super cycle wave B .by wavetimer4413
TOP WAVE STRUCTURE NYA targets are 17570 /18100 Would be using the chart posted to Help you to be selling out of I.T. AND LONG TERM positions as the blow off should go thru the top of this channel equal or near equal as it did in the panic into march 23 2020 gold ratio and spirals in time panic due 3/18 to 3/21 2020 posted in feb 2020 .I will be posting the spirals and more over the weekend into the new year Best of Trades WAVETIMER Longby wavetimerUpdated 6