About 30 Million Workers Are Collecting Jobless Benefits. The number of new claims for unemployment benefit jumped last month to 1.4m. That’s worse than expected and the first week-on-week rise for four months. We can expect a reflection of today`s news in the overvalued stock market. Sell-off accelerates also because of escalating US-China tensions and faltering...
Long Opportunity in NDX? We May Collapse if 3H Vegas Are Broken
Before the end of 2020 the mega crash of stock markets will be imminent.(If Tom Demark counts 9(max)) In 2000 bubble crash was 83%. This time MMA200 will be broken if the same percentage loss happens. Jump on to limited assets: XAU, XAG, BTC Further reading & watching: www.cnbc.com www.youtube.com
This just lines up so damn perfectly, one more rally from where we are and that's it, MAYBE a throw over to fakeout but I don't think so, I think it will stop there and I'm going all in on shorts.
No readability in the Nasdaq so better use the 3H Vegas waves to know where we are.
Wedge with Daily Bearish Divergence in NDX?
NDX has shown some strong bullishness, to say the least... Check this bearish candle here... annihilated! Lets not the forget that NDX needs SPX's green light... No pump allowed without SPX.
Here is my thought, we might be seeing a trend reversal on the nasdaq, to be confirmed on monday by : - An opening much lower than friday's close creating a weekly gap, - The definite crossing of the MA20 (which has been struck on friday), - Crossing of 1H MA200 and 4H MA50, - Crossing of daily RSI 50 value, - Breaking the dotted pink support line. Next supports...
Nasdaq 100 CFD (4H) / Two Elliott Wave Counts
The NDX could still manage to make a new high as many stocks seem to be in their W5 right now.
Nasdaq 100 Index (2H) / Bullish Elliott Wave Count
Nasdaq 100 CFD (Weekly) / Primary Elliott Wave Count
This could be that bullish. Notice the flats in W2 & W4: those could be W2s, like in AAPL. Watch the 4H RSI, if it breaks 70, as a confirmation.
Hi traders, My name is KD. From my analysis, NASDAQ is currently in an uptrend tunnel, but it will still have a high probability of dropping after it break a new high record. This is because every instrument will have to retrace after they break a new high. SELL NASDAQ AT 10422.00 or it break 9750.00 resistance. TP 1 : 9200.00 If you think my idea is helpful,...
Nasdaq 100 CFD (4H) / Primary Elliott Wave Count
All-time highs reached. Ending diagonal invalidation is at 9926.2. We are close.