Possible sell setup GER30 for the opening of the London session. Most if not all indices have been stuck in floating price within CS. If price breaks below this structure shorts are valid as they should technically.
Stock indices have shown bear strength for the passed 3 weeks making this a potential 4th week of sell offs. US30 currently trending inside a bearish H4 channel with higher chances of the symmetrical triangle breaking in favor of bears. Market has shown a lot of choppiness with continuous speeches from the FED.
The NASDAQ 100 of course is a market that continues to show a lot of promise, as growth stocks continue to attract a lot of attention. In a low rate environment, a lot of the “Wall Street darlings” such as Tesla, Microsoft, Apple, and the like continue to go higher. If that is going to be the case, then the NASDAQ 100 will have to go higher, because there is only...
Shares closed 2.75% higher to 774.39 in stock market trading Friday, breaking out past a 764.55 buy point in a cup-with-handle base.
Shares have found support near their 21-day exponential moving average. Its relative strength line is trending upward, as its 50-day line is also sloping up again.
Tesla's RS Rating is 85 out of a possible 99. Its EPS Rating is...
