short in levels and following price... leave me your like and comment's about my analyze on the posts ....
October 18th, 2019 'IXIC (aka the NASDAQ index) quoted today at $8,097. Target $7,900 for a 2.5% difference from current quote $8,097. Duration 1-8 weeks. Estimated duration 2-4 weeks. VIX imposes prospect of success in 4-8 trading days.
As the "Trade Deal - Phase One" between the US and China comes into fruition, this piece of news could not have come at a better time for the Nasdaq ($IXIC). With the Nasdaq brushing up against it's Monthly Resistance Level of 7879.50 (Blue Line), in the midst of an uptrend, the news of a Trade Deal between two economic giants may act as a much needed tailwind to...
Broken yellow trendline and still below.
Weekly Data Summary Suggests: Current Weekly Trend is Bearish The anticipated upcoming trade range is between 7763.37 - 8115.83 If IXIC is capable of maintaining the current strength as of today, there is a projected weekly target price of 7725.09 Price movement has returned to the Trending Moving Average this suggests either a stall while averages catch up to...
Ties 2009, 2016, & late 2021 as major lows. This model shows the strongest and clearest trend to a Major low in markets in October 2021
Daily Data Summary Suggests: Current Daily Trend is Bullish The anticipated upcoming trade range is between 8019.77 - 8135.03 Price movement has returned to the Trending Moving Average this suggests either a stall while averages catch up to the prices or a turn in the prices in the opposite direction The RSI that monitors bullish strength has a current daily...
Daily Data Summary Suggests: Current Daily Trend is Bear The anticipated upcoming trade range is between 7938.97 - 8048.22 If IXIC is capable of maintaining the current strength as of today, there is a projected daily target price of 7876.73 The prices are moving with the Trending Moving Average at a standard pace with a moderate market The RSI that monitors...
Daily for 23 September 2019 In Bull territory. Price Projection: HMA: Bull Bull RSI: Neutral Bull Bear RSI: Neutral Bull BSI: Neutral Bull 5 RSI: 5 day relative strength appears Bearish Consolidation: In Consolidation between 8085.3 - 8243.8 Price-Trend: .3x ATR Comments: Time to take profit? The prices have closed under the 8MA, usually a sign of profit...
Week update for week ending 20 September 2019 In Bull territory. Projected range for upcoming week 8291 - 7943 Price Projection: HMA: Neutral Bull Bull RSI: Bullish Bear RSI: Neutral Bull BSI: Bullish 5 RSI: 5 day relative strength appears Bullish Consolidation: In Consolidation between 7662.9 - 8325.3 Price-Trend: .7x ATR Daily for 20 September 2019 In Bull...
Daily for 19 September 2019 In Bull territory. Price Projection: 8276, 8369 HMA: Bull Bull RSI: Bullish Bear RSI: Neutral Bull BSI: Bullish 5 RSI: Positive Consolidation: In Consolidation between 8086.2 - 8243.8 Price-Trend: 1.3x ATR ** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not...
Daily for 18 September 2019 In Bull territory. Price Projection: 8138, 8369 HMA: Bull Bull RSI: Bullish Bear RSI: Bullish BSI: Neutral Bull 5 RSI: Positive Consolidation: In Consolidation between 8086.2 - 8243.8 Price-Trend: 1.4x ATR Comments: First three days of the week, not much movement except after the Fed announcement on Wednesday. Thought we were going...
Week update for week ending 13 September 2019 In Bull territory. Projected range for upcoming week 8351.83 - 8001.56 Price Projection: 8421.74 HMA: Neutral Bull Bull RSI: Bullish Bear RSI: Neutral Bear BSI: Bullish 5 RSI: Positive Consolidation: In Consolidation between 7662.9 - 8325.3 Price-Trend: 1.0x ATR Daily for 13 September 2019 In Bull territory. Price...
Daily for 11 September 2019 In Bull territory. Price Projection: 8441.52 HMA: Strong Bull Bull RSI: Bullish Bear RSI: Neutral Bull BSI: Bullish 5 RSI: Positive Consolidation: Broken to the high Price-Trend: 1.8x ATR ** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **
In a similar fashion to its $DJI brethren, the $IXIC is trying to break out of its "Channel" formation in an effort to move higher. Given this move, the $IXIC is trying to make a run for 7,879 - a Key Monthly Resistance Level (Blue) for the index. One thing to lend support for the $IXIC to move higher, is the fact that its RSI is showing positive divergence...
Week update for week ending 6 September 2019 In Bull territory. Projected range for upcoming week 8274.21 - 7931.98 Price Projection: HMA: Neutral Bull Bull RSI: Bullish Bear RSI: Neutral Bull BSI: Neutral Bull 5 RSI: Positive Consolidation: In Consolidation between 7662.9 - 8325.5 Price-Trend: .8x ATR Daily for 6 September 2019 In Bull territory. Price...