AlvinGodfrey

AlvinGodfrey

Nasdaq broke the up trend. The market has been rallying even though the fundamental landscape is negative eg Fed rate hike, high inflation. I am expecting the market to start aligning to the fundamentals.

AlvinGodfrey

Nas 100 is still in correction mode. Expect an upward impulse at New York open and then a greater movement down. Next support level is around the 13600 level.

AlvinGodfrey Updated 

We are still going up !

AlvinGodfrey

Possible long on the DAX . Watch out for earnings reports coming out starting Friday this week, those may hinder or fulfill this idea

AlvinGodfrey

Cheers to the bulls!

AlvinGodfrey

We are definitely in a bull market! For this week , I expect price to push up to the July high of 13283.70. These are some possible routes it will take to get there: Scenario 1 -Red arrow Price shoots up in the early hours of Monday, reaching the August high level of 13103 . Finding resistance ,it will bounce down to the 1300 level which is a significant...

AlvinGodfrey

We might see a breakout to the upside depending on the news on Friday. Until then, the market will probably continue moving sideways. If Friday 's NFP numbers don't diverge from today 's ADP Non-Farm Payrolls numbers ...this idea might became reality.

AlvinGodfrey

For the coming week: I expect price to continue pushing downwards until it hits the July support level of 12200 and then rebound.

AlvinGodfrey Updated 

NAS100 sell

AlvinGodfrey

Price has been consolidating in range over a week, failing to break out to the downside twice. Without any fundamental factors stepping in, I expect price to push up in the week and eclipse the previous high of 13462.

AlvinGodfrey

Fueled by recent stock highs by Apple, Amazon, Tesla etc...The Nas will continue to push upwards. Possible break in the trend might come from economic news releases starting from Tuesday, as always the fundamental trumps the technical.

AlvinGodfrey

Dax is going to continue going down utill Tuesday when multitude of news on EU and Ger out. Then fundamental pressure will determine market direction