NASDAQ Composite Index TVC:​IXIC

Currently, we see 12% down move, but there is a high Chance that death cross will happen because nasdaq is below ist ema200 daily significantly. If it really happens, it will retest the feb 2018 lows. I assume death cross is when EMA 50<EMA200 daily.

i checked this on the 6 monthly as well and boy it looks parabolic as hell. This is the monthly chart though. The signal is clear as bloody day for me. Finally my monthly indicators are literally ALL in unison. Simple bearish divergence on the RSI. Simple bearish divergence on the fast oscillator and collapsing close to the zero line - scary. Simple bearish ...

Actually its bearish pattern to start downgrading after its reach the target goal at 7896 -8050 but for now we can take the advantage of the correction made on OCT . very good entry for long positions when reach to the support at 7150-7250 Resistance at 7570 which open the gate for long positions confirmation RSI will form new top during next 1st Q or 2nd Q ...

We expect a long correction. In the near future, IXIC should return to 8000, then again down 7400. After that, wave 5 should begin with a target of 9800

Princess Gwendolyn here, with a market update. Ballgowns and tiaras are expensive, so this princess relies on her skills as a trader to keep in Versace. This princess sold her equities before the market took a tumble, and now is looking for what to expect for 2018/2019. Rather than try to guess, I like to find a market that looks similar, and use it as an ...

The #NASDAQ could see it's Biggest Selloff in it's LONG HISTORY!

Hello traders, If you are following my TA's, I have been mentioning the potential global market crash, and the sign of speculation is becoming much stronger in last few days. Looking at NASDAQ composite (IXIC), we see few dangerous signals are starting to emerge. 1) The slope of MA 100 is starting to negative: This actually happened in late 2015 and we saw ...

Over all bearish but this market is crazy!

For Future refrence

Princess Gwen here, welcoming you to what may the final high peak of the stock market for a couple of years. Before any market tanks, there's a final hurrah, a last gasp of energy before the crushing sell-off. It's just enough of a rally to convince people that the market might recover, that maybe things really are just fine, and the bull market will continue. ...

H3 AND H4 LOOKS LIKE INVERS HEAD AND SHOULDERS

Looks optimistic for a long future. Lets see, does 3nd wave finished or not (in next review)

There can be some more up movement towards to levels showed on the graph but main direction still down. Use price level increase to open SHORT positions. Good Luck !

I tried to label the rally from from April. According to this plot the NASDAQ reached the 0,618 correction level that more or less coincides with that the length of wave C of 4 also reached the 2,618 times longer level than wave A of 4. If it breaches the invalidation line, than it may mean that the previous top were the end of wave 5 and a bear market comes.

As discussed , we reached the good support area to make new support for coming up trend please check the original idea .

This index has been seemingly forming a double zig-zag corrective pattern . Where we are now is : the market has completed the (w) and the (x) wave of the double zig-zag corrective pattern , it is likely that the market will correct all the way down to complete the (y) wave , advancing a full complete Double Zig- Zag corrective pattern .

I AM EXPECTING THE ABOVE IN THE COMING WEEKS. SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE

Nasdaq is ripe for retracement. Should be one wave left in the retracement pattern, especially with most people moving towards heavy retail for the holiday shopping season. Don't expect the sell off to end before mid Nov.