Get started
TrackRecordTrading

NASDAQ: Looking to get back in the waters...

Long
Nasdaq Composite Index (NASDAQ:IXIC)  
TrackRecordTrading Updated   
NASDAQ:IXIC   Nasdaq Composite Index
Trend Analysis nasdaq Ichimoku Cloud support
1
0
trendanalysis nasdaq ichimokuclouds support
NASDAQ Composite Index broke into the weekly Ichimoku cloud last week but managed to close safely above it again. Support continues to hold, and it may soon be safe to get back in the waters…
Comment:
The NASDAQ Composite Index has started the week badly, with the selloff sending it into the weekly Ichimoku cloud. The cloud has been breached several times intra-week recently but somehow, the price has always managed to recover above the clouds.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.