Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
3rd leg up, will have to pullback at least 250-300 points to continue the runup
Lets wait for this guy to breakout and buy him
I see NasDaQ retracing into a bearish market before it would pull up later in the week
If anyone has varying counts post below!!!
I am a buyer when it goes to the bottom blue, holder in the green zone and sell when we get into the top blue. the red line has seen selling pressures in the past but the nasdaq is fighting to get and stay above that line. Set stop losses and go long accordingly.
Nasdaq recovered from its massive drop. so is the sale over? i think so. although it wont be a single ride to new highs. i expect a resistance at 13500 to 13700. it will then return back to the 13100 range before it makes it next move up. Choppiness expected.
possible re-test of the broken trendline on Nasdaq H1 chart before shooting to the upside.
ustech should behave this time around
Today nasdaq did the obvious and dived down below 12300. But the recovery has been good so far. 12680 has been the highest as of when I write this post. Is the Great Nasdaq Sale done? I do not think so. Investors are still nervous. Recovery means the economy opening up. Investors with risk appetite will move their holdings to Infrastructre, Energy, Industrials....