NASDAQ COMPOSITE LONG...JKThis POS will fall or its going to continue straight upward there's no sideways in between
About NASDAQ Composite Index
Trading View Market TrendCurrent Market NASDAQ:IXIC Nasdaq Composite Remains in Buy Trend as indicated by Technical rating on monthly, weekly, daily and hourly.
NASDAQ broke supportNASDAQ broke a long term ascending support channel yesterday and its not looking good
The next level of support is 15800 to 15900 levels
There can be a bounce back from that level since overall there are bullish sentiments but breaking down 15800 means we might be looking at 15000 level
#NASDAQ vs #DJIA has only been lower on the RSI 3 times! I wager #TECH is still the place to earn better gains going forward.
It also doesn't carry the risk of #Financials
and it is not dragged down by slow growth "stable" companies like utilities.
Bleeding edge has always been the place to grow your money
and with #AI manifesting itself for the next
IXIC Bullish Pre-ElectionThe index has been forming what appears to be a Head & Shoulders pattern for time now.
The confirmation appears to have been confirmed recently.
NFA DYOR
Am expecting an ATH around the $20k zone; let's see if it can get there.
Nasdaq Composite - Can U see this happening?I can.
See it.
And also Believe it.
These securities are measured in #Fiat
which only becomes worth ... less with each passing year.
Until #Vivek comes into office, of course and backs the dollar with a basket of commoditie!
(maybe that basket may include #BTC)
Inverse head and shoulders has mas
IXIC/USM2 update Dot Com bubble vs AI bubble??late 90s early 2000 dot com bubble which i was in high school for and this current blowoff area that looks like it may just have started. Any company mentioning AI in earnings goes up...example: Dell and of course the other obvious ones, NVDA etc
Bearish RSI divergence on NasdaqHello everyone,
I just found a bearish RSI divergence on weekly chart of Nasdaq. RSI (14) on February 5 was at 73.05 and 72.91 on February 26. Close was 15990.66, now is 16274.94.
In addition there was a bull cycle of 18 bars on weekly chart from March 13 2023 with price increase of 31.54 %, curre
Where is Nasdaq heading? support line where, resistance where?Take noted the below is not an investment advise, bet at your own risk. I am solely not responsible for any of your loses in money or assets.
The Current Nasdaq Composite price is 13211.81 as of 25 September 2023.
The Nasdaq have potential to drop to 12022.08 to 12000 range in the coming 1.5 month
IXIC wave analysis- We can see as follows that the IXIC has been following a comprehensive Elliot Wave movement respecting the weekly high and low Fibonacci levels
- We could see a move down towards $14 723 at the end of Q1 leading into Q2
- evidence to support this is the RSI movement
> Trading around overbought le
See all ideas