I'm just as astonished as the next guy, but the techincals are very bullish. SPX is perched comfortably above the .618 from its ATH - a level many expected to reject the price - barely even nudged it. We have a confirmed Head and Shoulders reversal with the neckline break here. A break back under the neckline, and particularly the right shoulder, would look like...
Nasdaq officialy broke the 8950 strong resistance heading to 9250 parameters ofcourse after short bearish reversals, However as you trade make sure to watch the break of IBT. Please if you love my ideas support me with a LIKE, FOLLOW and also share your ideas on this particular pair too. Also always apply proper risk managements thanks!
Hi all,
That is not investment advice,
DJI is the leading indicator of this recession rather than NASDAQ, SP500 or other big stock market on the planet. everyone wants to guess where the reaction of the first sharp fall will end
Other stock markets are going to track captain a.k.a DOW
Look at that diamond formation 26700x is 1 month strong resistance..
End of...
For the past two days I have been hinting that the Nasdaq 100 seeming to be giving us a signal of things to come. Whether it was down side (due to weakness) or it was taking a breather before making new highs. After, Alphabet, Inc. (GOOG) reported earnings yesterday evening, GOOG spiked over 7% in after hours trading. That was an eyebrow raiser .
With GOOG did...
Today, after a promising start to the trading session, U.S. equities experienced a sharp rejection at resistance and swiftly returned to short term support levels. The Dow Industrials Average closed today -0.13% and for a second day in a row, the Nasdaq 100 lagged behind, ending the session -1.40%. Could this be a sign of things to come? Today, we take a look at...
Nasdaq seems to have completed its primary wave 2 counter trend rally and it is already beginning is path to new lows. The odds that the counter trend move has finished and that the trend is now down would be high if prices crosses down 8364. FOLLOW SKYLINEPRO TO GET UPDATES.
Nasdaq out of our consolidation breakout zone for a sell to first TP 8750 , However now we in for a good buy with respect to the IBT(Inward bearish Trend-line) Hence it isn't broken we go buy up to consolidation zone(8900), If it does break our TP2 to 8500 activates. Take note and apply idea carefully. Please if you love my ideas support me with a LIKE, FOLLOW...
On the left (and chart below), there is a chance we have a similar situation as a week or 2 ago. Broke up from a flag/triangle but was failing to push through. At the moment it looks as is we have a similar situation now. It's not there yet though, could still push through upwards. So it need's some confirmation first, as i have drawn in the chart below. So if we...
