GRADUAL MOVEMENTA gradual movement after the down fall last March due to COVID-19 outbreak. Striving to make a positive movement and today might showing lead to possible move forward soon.
Nasdaq Composite Index CFD
NASDAQ, UN INDICE BLINDADO.Su Nuevo máximo sobre los 10500 Puntos, solo deja claro que la tecnología pesa como factor para mantener en marcha al mundo, ya no es especulación de primera como en el año 2000 que tuvo una caida del 75 por ciento aproximadamente debido a la Burbuja.com.
Debemos asimilar que toda empresa debe tener una profunda transformación hacia lo intangiblemente automatizado y versatil que ofrecen las herramientas tecnologicas.
Dos Puntos Claves en Nasdaq:
Año 2000-2001 Corrección de un 75% debido a que muchas compañías que cotizaban sobre soluciones tecnologicas, no tenían en realidad ganancias y solo fueron promesas. (Google por ejemplo, cumplió satisfactoriamente su proyecto).
Año 2008 Corrección de un 50% aproximadamente como efecto colateral de la caida de otros mercados (sector inmobiliario por ejemplo).
Estos dos son sus aspectos historicos con más peso, desde 1974.
Nasdaq vs Gold vs Dot Com Bubble FactsI only look at facts, not people's opinions. In fact my opinion doesn't matter.
The current situation is nothing compared to Dot Com Bubble.
If you only look at one data or one chart and make your investment/trading decision based on that. Good luck.
If you try to be fancy and wants to short the market top. Good luck.
The fact is, we have BOTH Nasdaq and Gold rallying at the same time, UNLIKE during Dot Com Bubble when Gold was in its bear market.
The capital flow is BROADENING, which means the capital is NOT ONLY flowing into Nasdaq. Of course the concentration is HIGHER there.
But we are not in the same situation like Dot Com. Nasdaq didn't go from 1000 to 5000 or did 5x in 5 years. We are just barely 2x from Dot Com Bubble top, not considering inflation.
That's the problems with people who think they can predict a market top. That's why none of the richest people in the world are short sellers. Short selling is just a fancy occupation, nothing more.
We already had that major corrections, major corrections will happen from time to time, but you don't want to fight against the secular trend of asset prices going up versus fiat or dollar and that may continue much longer than you can be rationale.
Just enjoy the ride and take some profit here and then, buy only essential things in your life, no need for big house or lambo or yacht, you will not bring those items with you in grave anyways.
Don't fight against the fed.
And lastly, stop wasting your time, don't reach out to me. I will never read any messages or comments.
Regards.
$IXIC Nasdaq Pullback PossibleThe $IXIC (Nasdaq Composite Index) has set a temporary top resistance price at 10500.
For the past month, $IXIC has broken out above into blue sky territory.
Trendline Support Downside Target(s): 10100, 10000, 9900.
However if the rally continues, upside resistance targets would be: 10500, 10750, 11000.
Nasdaq vs Dow Jones, Capital is flowing into Nasdaq/TechPlease, don't PM me and comments on my ideas. I don't have time. Sorry.
The nasdaq vs dow jones ratio and also versus S&P 500 is clearly telling us that capital is FLOWING into Tech and Nasdaq.
Money is scrambling to find yields and somehow Tech has been perceived as a safe haven.
Nothing goes up forever, parabola will always end.
But here is the thing about parabola, we will never know when it ends, we only know AFTER THE FACT.
Unfortunately, we are going to witness another bubble just like Dot Com and a lot of people are going to be slaughtered and left holding the bags.
But I personally believe that we are still at the early innings of this bubble. We will know that it is clear bubble when everything related to tech is going up like crazy and when crypto made a crazy comeback.
POSSIBILITES 12345based on the stockcharts, i could see some possibilities on this market, hopefully it could bullish soon.
Time to start getting out of the Mania! One of these weeks (not likely here directly) shit will hit the fan. I’m out of the market as of here. With apple possible hitting 375-400 and tesla 1100-1400 before crashing to earth things will get messy.
Last time stocks went bezerk like this was 2000. Bankrupt companies going 100% plus. FOMO is real. Well played guys.
Don’t forget to pay the lady! There will be not enough room for the herd to get to the emergency exit🚨
I’ll be buying aapl at roughly 80$. See you next year:)
Nasdaq - ATH (significant event happened). What's next?
NASDAQ Composite Index ( IXIC ) is one of the world's leading indexes, an index of high-tech and rapidly growing companies.
My thoughts: I decided to share them with you!
In my opinion, a remarkable event has occurred today in the world economy!
Today, there has been a significant breakthrough in the ATH (All-Time High) in the history of the NASDAQ Composite Index’s existence.
Why is this so important in my opinion?
Taking into consideration all the fundamental factors that should have contradicted this event such as the general financial situation in the world, turbulent political situations, COVID-19, poor economic situations in the leading economies of the world, unemployment and above everything else it still happened!
Thoughts: New reality!
First of all, the paradigm of world development is changing!
Today, right on the chart we see that the index of technological companies NASDAQ Composite is emerging as the growth leader.
Being, in fact, a precursor for future growth, a new reality, possibly a new leading indicator for the rest of the global market and most likely for other leading world top indexes such as DJI, S&P500 and others.
And it is also possible for other risky assets including Bitcoin and the whole cryptocurrency market.
Secondly, all of this is happening against the backdrop of a huge number of problems in all areas of the economy and life!
And finally, what this all points to in my opinion:
It says that in spite of all the problems in all areas, the capital is not invested in reserve assets such as gold (although some part probably goes there) but invested in technological companies, which will, in fact, be the ones changing our reality and our future.
P.S
The chart shows the goals of possible corrections. In my opinion, if the situation in the world worsens, then a correction of a complex protracted form is possible from these levels.
(At the moment it is not possible to calculate them)
However, in the current state of affairs, the general movement seems to be still heading up!
Important!
Once again for understanding, the wave structure, patterns, graphic models tend to change or change the structure, therefore confirmation is important.
Remember!
Forecasts of financial markets are the private opinion of the author.
The current analysis is not a guide to trade.
The author is not responsible for the results of work that may arise when using trading recommendations from the submitted reviews.
Nasdaq Quarterly Chart Is Still Bullish Nasdaq full blown recovery in April and May has cancelled out the losses from March.
By end of March, things can go anywhere, especially that it marks the end of Q1 2020. However, as it turns out, the coronavirus pandemic is not as bad as it seems (it is bad for people who don't take care of their health and immune systems/ and bad for people who fears death so much/but it is okay or normal for people who believes in hereafter and wants to leave good legacy on Earth, which is not the cases for most people especially in the finance industry). So, we had the recovery we needed.
Nasdaq HAS NOT recorded CONSEQUTIVES RED/BLACK candles since 2008 and also since 2000. That's the only time where it had these two massive red candles and then we are heading south.
Based on probabilities alone, we are UNLIKELY to see Nasdaq goes down below March low. So, it seems like the party will keep running and continuing.
The federal reserves is the biggest whales/sharks in the entire world. It is foolish to bet against them. Don't bet, just stay aside or do something else.
Regards.
THIS COULD BE THE 100X OF THE YEAR. SPX, NDX, VIX, USD, ANALYSISSPX has been ranging at the D 200 SMA today and depending on which way it breaks, I'd expect moves to start in a lot of other asset classes too NDX has been selling off all day, by contrast, and because so much market cap has gotten concentrated in the top 5 stocks, they account for ~45% of NDX and ~20% of SPX.
So there's a lot of inherent correlation just from that.
This is probably the best spot that exists on the chart right now for equities to finally roll over.
The run over the past 2 months has been the sharpest rise in SPX history.
Which is insane.
P/E for SPX is right about at the 2000 peak. By other metrics, we're the most expensive since 1929.
Regardless of measure else we're significantly more expensive than the Feb top.
This move is widely attributed to a massive new interest in retail trading accounts since the crash, which is like textbook.
It's certainly the same exact thing that happened in 2018 in crypto after the initial pop, the argument for going any higher basically amounts to "bubble is not over yet."
My assumption at this point is that a crash back down would be pretty violent and I'm assuming that because of how absurdly overextended we are.
NDX is nearly back at ATH. Like, what?
Between Feb and now 20-30% unemployment happened, forward earnings tanked hard, and a bunch of obvious large risks are on the table that weren't before. At some point fundamentals do actually start mattering. This may be the most disconnected from them that we may see in our lifetimes given just how extreme the rift is.
We're staring down numbers that haven't been seen since the 1930s, and most people with a memory of the 1930s are dead, but IMO if we reject the 200 SMA here and dump - a very realistic scenario for the last 2 hours of the cash session where volume spikes back to open levels, the goose is cooked and it will be so obvious to big money that we're going lower that we'll go lower fast in the next few sessions.
Treasury futures are generally around pivots for continuation up or to mean revert down. Everything is set up for a large move one way or the other. I think the only thing that would truly surprise me at this level is more VIX crush.
The ultimate safe haven is USD and USD equivalents that can be used as collateral which is to say treasuries.
Margin calls are denominated in dollars, not gold. When things are darkest, institutions take their profits on gold to get more liquid. This happened in 2008, happened briefly in the Feb-March dump.
For better or worse, as the global reserve currency USD is what people need worldwide when things dump in 2020.
So, the money supply hole the Fed is trying to print into is far larger than just in the US. This appears to be why DXY melted up in March. Institutions abroad needed dollars and had to sell other currencies into it.
The position I currently have which I'm most excited about are moonshot June Eurodollar calls
I think if a dump plays out treasuries melt up, interest rates go negative, and it happens about as fast as Feb (which took 2 weeks to move interest rates down 1.2 points)
but it's a very high R:R bet to take and it probably needs to be right less than 1 in 10 times. Arguably it's as high as a 1:100 R:R scenario.
TL;DR: a lot of things are at pivots and SPX is at the D 200 - a very strong move on a lot of things is very likely once SPX decides which way to go.
This was written by my co analyst acatwithcharts. He made the indicators used here! If you have any questions for us, links below.