Forecasting Elliott Wave ((iii)) higher In Nasdaq futures
In this blog we will see how we were able to forecast in advance the wave ((iii)) higher in NQ_F. Nasdaq has been one of the weakest Indices within 2022 and has been seeing a relief bounce rally as of recent. We will see below how here at Elliott Wave Forecast were able to forecast […]
Nasdaq 100 Capsizes After Finally Overcoming 200-Day SMA, Beware More Volatility
Nasdaq 100, Liquidity, Volatility and FOMC Rate Decision Talking Points: The Market Perspective: Nasdaq 100 Bullish Above 12,300 and Bearish Below 11,500 The Nasdaq 100 closed above the 200-day SMA for the first time in 203 trading days just this past week – ending the longest bear stretch in two decades With Monday trade, the […]
Market nervous before huge week of earnings and Fed announcement
Here is what you need to know on Monday, January 30: Markets are pretty quiet this morning as we have a lot to get through this week. Overnight, equities in Asia were weak as risk-off was the main theme. The Hang Seng closed down nearly 3%, while the Nikkei was flat. No surprise here given we […]
What CEOs Are Saying: ‘The Consumer Is Under Pressure’: WSJ
Here’s what leaders from Nasdaq, Microsoft, Tesla and elsewhere said about the economy, inflation and other topics this week. Source link
Intel disappoints as PCE meets consensus
Here is what you need to know on Friday, January 27: Intel (INTC) disappointed investors in a big way last night after the close and is slated to open down 10% this morning. That has knocked bulls who were getting excited after GDP data and Tesla (TSLA) earnings. Next up we got the Federal Reserve’s […]
Australian Dollar May Rise After US GDP Boosted Dow Jones, S&P 500, Nasdaq 100
Australian Dollar, AUD/USD, US GDP, Fed, Doji – Asia Pacific Market Open: Australian Dollar rose after US GDP data improved sentiment The mixed report kept door open to both hard and soft landing AUD/USD may rise if Asia-Pacific equities follow the US lead Recommended by Daniel Dubrovsky Get Your Free AUD Forecast Asia-Pacific Market Briefing […]
Dow Index’s 5-Day Advance Still a Range and Nasdaq 100 Overtakes the 200 SMA
Dow Jones Industrial Average, Nasdaq 100, Volatility and Event Risk Talking Points: The Market Perspective: Dow Range 34,600 to 38,200 Equities begrudgingly advanced in the past US session, leading the Dow to a five-day advance that still fits comfortably within its broad range The Nasdaq 100’s 2.0 percent rally pushed the index above its 200-day […]
S&P 500, Nasdaq, Dow Jones Forecast: 200 DMAs in Play
Indices Talking Points: US equities put in a pullback this morning with the S&P 500 finding support at the 200-day moving average. The Nasdaq is holding trendline resistance with the next significant spot of resistance at the 200-day moving average. And the bullish trend in the Dow that led the way higher in Q4 remains […]
Nasdaq, S&P 500 Breakout with Earnings in Focus
Nasdaq, S&P 500 Talking Points: The Nasdaq and S&P 500 have both broken out to fresh monthly highs as earnings season heats up this week. Stocks broke out a couple of weeks ago after an abysmal PMI report and that bullish theme has largely continued since then. Markets are hopeful that slowing inflation and disappointing […]
Done with the Nasdaq bear market for good? Watch this strong technical hint.
In technical analysis, a weekly timeframe refers to the use of weekly candle charts to examine the price activity of a securities or market. A weekly chart depicts a security’s price movement over a one-week period, with each candle indicating one week of trading activity. The candle features a body that shows the week’s starting […]