priceprophet

Caught in weekly consolidation

Long
TVC:IXIC   US Composite Index
While everyone else is breaking out and getting their party on - NASDAQ is still in S/R

Daily
Trend - Bull
Friday place NASDAQ in daily consolidation: 8088.9(R) - 7996.9(S)
New renko bullish box painted on the 19-Jun
Price projections on the daily are: 8219.83 and 8325.14

Weekly
Trend - Bull
Still caught in consolidation between 8135.5(R) - 7292.2(S)
No new renko for the current trend. Renko is counter trend at the moment.
Price Projections on the weekly are: 8178.5


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.