NZD indexI will be looking for nzd to maybe go up a little more, but I see it selling off fairly soon. I would like to see it break out of fork and this current consolidation it has been making, and then sell off back into forkby thillygoosthUpdated 0
NZD INDEX elliot wave & P&F Pattern Triple Top Breakout.GOOD LUCK New Zealand Dollar will be strong in future by walled7863Updated 14
NZD - Near the top or at the topNZX50 just published a very bearish candle. Gapping to the upside then moving lower in a day. Possible short opportunity but wait for confirmation. Price overbought according to indicators.Shortby maccabeanUpdated 441
NZX50 Index Weekly Pin BarLooking at lower levels, good R:R even back to 20sma would be a nice 3:1 tradeShortby dionvuletichUpdated 2
NZ Stock Market in a clear bubbleAm I the only person looking at this chart? There's no other commentary. Look at this chart and tell me if this looks really dangerous. The SPX and NZD (NZ50) has correlated tightly since records go back. Looking at this chart, there has been a clear divergence in Nov 15. The SPX500 remains expensive at 25 PE ratio, while the NZD has continued to rocket up, despite all the geopolitical risks and to which it is particularly vulnerable. As for me, as the manager of The Alpha Generator, I'm looking for an entry point to short this index on behalf of my customers. If anybody wants to get on board, shoot me an email josh@thealphagenerator.com Shortby maccabean2