Thanks for coming to this update. Before you start reading kindly hit that like button and follow. It motivates me to keep doing such work for free. Thanks After getting rejecting from the ALL TIME HIGH region, NASDAQ tried to retest that zone again and saw a rejection once more. But even though it saw a rejection, there is a good chance now that with subsequent...
NDAQ is having a bit of an electric surge and could push ATH (all time highs) amid the pandemic playing out. Tech for the win it seems during times of uncertainty to save the day. Bears are getting a bit of a slaughtering here as many are turning to and being more reliant on technology than ever before. A forethought is that smart money in other US markets...
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US NDAQ is in a five wave structure with a potentially ending diagonal. Lets watch to see how the market plays out. Disclaimer: This is only an idea and should not be taken as a trading signal.
* Remember to support with LIKE and FOLLOW me for more analysis * NDAQ is performing very well, rising more than 5% since my last analysis. If you missed my call, you can check it here (and follow me to keep in touch, I do daily analysis): The daily chart shows us a harami/hammer pattern, just above the 21 ema, indicated to us that the bulls arrived at the...
After NDAQ triggered this Head & Shoulders, the target of this pattern is the 116.19 (green line). Now, we see a pullback, and today the price met the 21 ema and formed a harami / hammer. It is very good, and if triggered could be a very good, quick trade, with a clear stop and nice risk/gain relationship. I wish it would sink a little lower, to 100 point region...
I see a few bottoms and tops curiously matching up. But this is where the decoupling will be obvious. Wall Street is fixing to short STONKS! And Long CORN!
NASDAQ:NDAQ Seeing drop next week, possibly starting Monday. Drop of around three days (-61 degrees (~negative 5%) in three days vs ~ approx. -70 degree drop (or approx. 35%) in 12 trading days (3/5-3/23). May increase hedge short-term for such period. Longer term projection remains bullish until 101 level is breached to the downside.
This is not financial advice and is for educational purposes. Looking at Fibbonacci levels over the medium term, I was originally expecting retracement to 38.2. However, now we are approaching 61.8 levels. I suspect we won't break that resistance, and NDAQ will continue to fall lower given the high VIX, the RSI trending towards overbought (not on the chart), and...
The Whole scenario is set up to cause the same ripple effects. #1 Federal Reserve is going to print to where the public loses faith in the currency #2 The Banks are Insolvent #3 National and Personal Debt #4 COVID-19 quarantine nonsense just crashed discretionary sector for the foreseeable future. Cinema, Cruiselines, Restaurants, ALL WANT to be BAILED OUT. #5...
1929 + 90 years = 2019 renegadeinc.com GANN Predicted this would happen in Dec 2019 "COVID-19 started then" Discretionary spending sector is finished" There is no recovery coming for them anytime soon. It will trickle down to the rest of the economy over the next 3 years. The FED @ 0% interest rate with NO FRACTIONAL RESERVE and QE666 This is the...
To much too fast as well as too much recession/ 1929 depression talk IMHO. COVID-19 isn't sending us there and USD is still king we see where every one is fleeing.
continued fall to 76 with a potential downside of 61. Waiting for a low under triangle to open shorts. retest and bearish continuation of key level (dotted line) is an indication for a fall as well. -heish
Hi guys. Today i'm goin' to explain why i would short SPX index on 3000 points from this instance. * Timeframe 2 weeks. * Target 3000 index points S&P500 is weekly oversold. We have predominant buy volume mostly. Technically, It's also aproaching to MACD WEEKLY BEARISH CROSSOVER. StochRSI confirms bearish momentum. From fundamental side: We reached...