Nasdaq should grow from here.
- Triple Bottom (see purple drawings)
- Long term vertical support (blue line)
- Short term horizontal support (green line)
- TLT made a breakout downwards (usually inversely correlated with indices)
- Fibonacci 50% hit
- Bullish divergence on RSI (we had a lower low on the candle, but RSI was higher compared to lower candle before)
I reckon this will go up from here and we could potentially see a new ATH at ~18100 points.
However - we need to wait for confirmation (breakout above orange vertical resistance).
Good luck with your trading.
- Triple Bottom (see purple drawings)
- Long term vertical support (blue line)
- Short term horizontal support (green line)
- TLT made a breakout downwards (usually inversely correlated with indices)
- Fibonacci 50% hit
- Bullish divergence on RSI (we had a lower low on the candle, but RSI was higher compared to lower candle before)
I reckon this will go up from here and we could potentially see a new ATH at ~18100 points.
However - we need to wait for confirmation (breakout above orange vertical resistance).
Good luck with your trading.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.