Trump's Second Term Brings Sharpest Market Decline Since 2001It's gone nearly three months or so... (Duh..? WTF.. less than 3 months, really? 🙀) since Donald Trump entered The White House (again).
Those times everyone was on a rush, chatting endless "Blah-Blah-Blah", "I-crypto-czar", "crypto-capital-of-the-world", "we-robot", "mambo-jumbo", "super-duper", AI
About US Composite Index
The Nasdaq Composite Index is the market capitalization-weighted index of approximately 3,000 common equities listed on the Nasdaq stock exchange. The types of securities in the index include American depositary receipts, common stocks, real estate investment trusts (REITs) and tracking stocks, as well as limited partnership interests. The index includes all Nasdaq-listed stocks that are not derivatives, preferred shares, funds, exchange-traded funds (ETFs) or debenture securities.
IXICTraders: Might look to buy near red support levels and sell near green resistance levels, anticipating reversals at these key points.
Breakouts: If the index breaks through a green resistance level with high volume, it could indicate a potential upward trend continuation. Conversely, breaking below
IXIC Resistance Levels (Potential Selling Zones):
18,480 – 18,590: Immediate resistance at the 0.382 Fibonacci retracement (18,480) and the session high of 18,589.49.
19,140: Stronger resistance (horizontal level and 0.236 Fib), though likely out of range for next week unless a sharp rally occurs.
Suppor
Can the Nasdaq sustain its rally?NASDAQ:IXIC
SP:SPX
FX_IDC:JPYKRW
Over the past two years, the S&P 500 and Nasdaq have experienced an unprecedented rally. However, now, with the S&P 500 hovering around 6,000 points and the Nasdaq near 20,000, the market appears to have lost its momentum.
I believe that for stock
IXIC Support & Resistance LevelIXIC has broken the critical support level of 19,395.88. If it fails to stay above this level, the
next support levels are at 18,621 and 17,866. On the other hand, resistance levels are at 20,190
and 20,985. The market remains under pressure due to Trump's tariff policies. However, a positive deve
Nasdaq and Next Major SupportThe Nasdaq Composite is about to break above what will be it's next major support. When this happens stocks usually fly quite high. Please remember that it will likely want to hit back into this support at some point. So when you get big gains after this happens, do not enter new positions, just rid
Big tech stocks fell sharply due to Trump tariff concerns
Despite some resolution of tariff risks, USTEC failed to recover from the loss. In particular, big tech stocks with high overseas exposure fell sharply. Tesla (TSLA) fell 5.19% over concerns that Trump's tariff policy could harm the company, given that 15% of Model Y parts are sourced from Mexico
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current value of US Composite Index is 16,286.45 USD — it has fallen by −0.13% in the past 24 hours. Track the index more closely on the US Composite Index chart.
US Composite Index reached its highest quote on Dec 16, 2024 — 20,204.58 USD. See more data on the US Composite Index chart.
The lowest ever quote of US Composite Index is 54.87 USD. It was reached on Oct 3, 1974. See more data on the US Composite Index chart.
US Composite Index value has decreased by −2.10% in the past week, since last month it has shown a −7.79% decrease, and over the year it's increased by 2.16%. Keep track of all changes on the US Composite Index chart.
US Composite Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy US Composite Index futures or funds or invest in its components.