MainStInvesting

NASDAQ Gaps and Possible Short Term Move

INDEX:NASX   Nasdaq Composite
304 0 0
Though the S&P 500             and NASDAQ Monthly charts are showing early signs of a potential breakdown, the daily hasn't broken completely. We don't a confirmation from the charts on which way we are going near term, though the late day action makes me lean to a sell the news tomorrow - we will see.

For those who follow gaps, here are the major NASX             gaps from Fall 2011 to today (these are worth noting regardless of near term movements). The momentum indicator's are showing possible strength, but with the Summit the next couple days, this could be broken fast, but worth keeping on the radar for a potential trade.

*MACD may do a false double cross. If so, could be going higher. No confirmation yet. Just watching right now.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out