Nothing on this page should be taken as an advice for trading or investing. I highly an ONLY recommend having own judgement, staying cool when taking a decision and making a move accordingly. You have to make 100% profit to recover a 50% loss!
NASDAQ 100 is testing descending resistance coming from beginning of September. I expect a return from this area but I won't open a position at this point. You may follow confirmation and returns, carefully. 11820 can be first support level, 11520 can be second support level and if it breaks, I will follow ascending support line.
$JPM returned from its descending resistance. Resistance should be confirmed in following weeks. Overall perspective reflects a pennant pattern. If it breaks ascending support line, next target can be 35.5. Next support test can be in a month.
Nasdaq Index hits main resistance and keeps testing whole day. If it breaks any side and it confirms, next target will be 11200 below and 12000 above. Thank you for sharing your opinion. (Not to be taken as trade advice)
It was told by some analysts that a HS formation is building up for NDX and parallelly it can be more obvious on AMAZON chart. I expect such a formation in short term. I would like to hear your valuable thoughts. Thanks..
DXY has touched and bounced from long term ascending support at August closing. I expect USD to start its run up to 104 resistance in mid-term. It looks trend will be approved with elections. Please comment your idea. Thanks..
XU100 is performing below a long term resistance since 2011. Meanwhile due to country's economical and political problems it doesn't show a signal to get better before next presidential elections. Assuming a presidential change on 23rd of June 2023, it will have a great positive impact on economical and political expectations. This is my long term expectations...