Contained within this upward channel a double top could form at the top of this channel, however with it being a higher high we can assume further bullish movement after the double top proceeds. A higher high suggests there is more steam left in the run. Which evidently there is a lot of steam for the NASDAQ.
The strong trendline in white shows that IXIC is looking for another touch. I see 10k as a strong psychological support and the spot for price to be tested. Drawn a little dotted trend line to show downward movement. To 10K !
I'm expecting some bounce back in NASDAQ:IXIC as per my Technical Analysis. It has moved out of Parallel Channel which it was following since start of this year. It is currently following a downward trendline. On Upside, it can touch levels of 11384 really quick, as bounce from current levels would be sharp. Chances of fall looks bleak, but if it does then it...
Hi fellow traders, It's slowly time to buy US Tech stocks again after this complex zigzag correction in 5-3-5 formation is coming to an end on the IXIC index. Target the previous top. Goodluck!
Today i think the Contrarian Investing is a good idea: "Buy When There's Blood in the Streets". IXIC has entered the strong support/volume area which is a buy opportunity in my opinion for a reversal. The next resistance is 13625. Looking forward to read your opinion about it.
Hello traders, Nasdaq (IXIC) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. In this index, the waves have ended in a higher stage than other indicators and have started to correct in a higher stage. In this index, waves 1, 2 and 3 are over and correction for wave 4 has...
Published by SARMAYEH Magazine Economics Team 3/4/2022
Hey eveyone, This is just a simple chart with with the Moving Average 200 and 50. It's clearly showing that NASDAQ is about to death Cross really soon. Last time we had a death Cross was in March 2020. Best to you.
Hello traders, Nasdaq (IXIC) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. In this index, the waves have ended in a higher stage than other indicators and have started to correct in a higher stage. In this index, waves 1, 2 and 3 are over and correction for wave 4 has...
Hello traders, Nasdaq (IXIC) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. In this index, the waves have ended in a higher stage than in other indicators and have started to correct in a higher stage. In this index, waves 1, 2 and 3 are over and correction for wave 4 has...
Hello traders, Nasdaq (IXIC) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. In this index, the waves have ended in a higher stage than in other indicators and have started to correct in a higher stage. In this index, waves 1, 2 and 3 are over and correction for wave 4 has...
Hello traders, Nasdaq (IXIC) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. By looking at the waves, Waves 1 and 2 are probably over at weekly time, and this analysis and this wave count is part of Wave 3. Wave 3 that we are talking about is not on the Fibonacci in the weekly...
Hello traders, Nasdaq (IXIC) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. By looking at the waves, the weekly times 1 and 2 are probably over, and this analysis and this wave count is part of wave 3. Wave 3 that we are talking about is not on the Fibonacci in the weekly time...
Hello traders, Nasdaq (IXIC) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. By looking at the waves, the weekly times 1 and 2 are probably over, and this analysis and this wave count is part of wave 3. Wave 3 in the weekly time is not on the Fibonacci that can be returned, and...
Hello traders, Nasdaq (IXIC) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. By looking at the waves, Waves 1 and 2 are probably over at weekly time, and this analysis and this wave count is part of Wave 3. Wave 3, which we say is not on the Fibonacci in the weekly time, can be...
Hello traders, Nasdaq (IXIC) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. It seems that this wave that we examined is the last wave of wave 3 in higher times. Based on the counting of waves 1, 2, 3, 4 and 5, we have completed and entered a new phase of correction. This...
Well, to begin with we have posted this idea as LONG, which means we don't expect any crash to happen in the following months. Money is being printed by the tons, the younger generation gets to invest from an earlier point in life (not just crypto) and the mighty Nasdaq is a symbol of how Technology will rule the World. Low rates and printing, benefit the stock...
Nasdaq Composite :- INDEXNASDAQ: .IXIC Looking Bullish Go For Buy Trade