Major Nasdaq peak 9/22/16 -9/23/16

TVC:IXIC   NASDAQ Composite Index
86 0 2
I've posted that the SPX             could reach the 2230 - 2260 9/30/16 to 10/03/16.
The Nasdaq (IXIC) has made a new all time high unconfirmed by the SPX             and DJIA             .
This in itself is a bearish signal, additionally the IXIC has a significant RSI bearish divergence.
The IXIC appears to have formed an Elliott wave Ending Diagonal Triangle.
A typical Fibonacci relationship is for wave "1" to equal waves "3" to "5" that target was almost hit on 9/22/16.
The IXIC may have peaked on 9/22/16 if not it may top on 9/23/16. If the IXIC is topping now then the SPX             will probably peak as well and won't reach the price and time targets I have posted.
After completion Ending Diagonal Triangles quickly retrace to their point of origin, which in this case is the bottom made on 2/11/16. The IXIC could reach this level by late October to early November.

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out