The Nasdaq price has undergone a patch of massive volatility outbursts recently, owing to rising market unpredictability. This erratic behaviour of the price action means that the current trading opportunity is only suitable for the least risk-averse traders who are primarily using volatility-based trading strategies. The erratic behaviour of the price action is owing to a bundle of contributing factors [...]
Read full analysisThe price action of the Nasdaq composite index is currently testing the psychologically significant resistance level at 16000.00, which is also the all-time highest resistance level, for a second time over the last several days. Due to the significance of this threshold as a major turning point, there is a very high probability that a second dropdown would emerge from it in the very near future. [...]
Read full analysisThe Nasdaq composite index completed a major 1-5 impulse wave pattern recently, as postulated by the Elliott Wave Theory. It was then followed by a corrective ABC structure, which implies the completion of a major cycle. Since the price action very possibly finds itself in the early stages of a new major cycle, this could present traders with the opportunity to enter early into the development of a new trend. [...]
Read full analysisThe price of the Nasdaq composite recently started developing a new bearish correction, as was forecasted by our previous analysis of the index. Even still, the broader rally still looks quite solid, which means that bulls can look for an opportunity to enter long at the bottom of the correction by implementing trend continuation strategies. [...]
Read full analysisThe price of the Nasdaq composite continues to be climbing slowly towards the psychologically significant resistance level at 15000.00, as was forecasted by our previous analysis of the index. In addition to the fact that this resistance has such psychological importance due to the many zeroes in the number, the price has never reached this threshold before. This makes it an even more prominent turning point. [...]
Read full analysisThe Nasdaq Composite index has advanced considerably over the past few weeks, even though the underlying sentiment is not ostensibly trending. This is caused by mounting adverse volatility in the market. These erratic fluctuations could prompt a broader bearish correction in the near future. Selling pressure continued to accumulate yesterday following Jerome Powell's, Chair of the Federal Reserve [...]
Read full analysisNasdaq's luck seems to be running out as the stock market becomes increasingly more bearish-looking. This could mark the beginning of a new sizable downtrend. The impact of market seasonality is already playing a pivotal role in diminishing the overall liquidity in the market as the general trading activity falters. Meanwhile, paradoxically as it may seem, improving economic outlook could derail [...]
Read full analysisThe German DAX index is currently trading at around 15700.00 basis points, which represents its all-time high. The underlying rally was fuelled by solid industry numbers in Germany for the month of May, which inspired investors to believe that the digitalisation process of the Eurozone economy is going according to plan. [...]
Read full analysisThe Nasdaq composite has been threading in a minor range below the psychologically significant resistance level at 14000.00 since the beginning of May, as underlying volatility in the stocks market gradually subsided. Instead, more prevalence was given to the commodities market, as a new supercycle is currently in the making and the even more volatile crypto market. This transformational change came just as [...]
Read full analysisThe German DAX reached a new all-time record just below 15500.000, as was forecasted by our last analysis of the German index, and is now in the process of establishing a new bearish correction. The retracement emerged from this all-time peak, as selling pressure keeps mounting up. [...]
Read full analysisThe Nasdaq price has undergone a patch of massive volatility outbursts recently, owing to rising market unpredictability. This erratic behaviour of the price action means that the current trading opportunity is only suitable for the least risk-averse traders who are primarily using volatility-based trading strategies. The erratic behaviour of the price action is owing to a bundle of contributing factors [...]
The price action of the Nasdaq composite index is currently testing the psychologically significant resistance level at 16000.00, which is also the all-time highest resistance level, for a second time over the last several days. Due to the significance of this threshold as a major turning point, there is a very high probability that a second dropdown would emerge from it in the very near future. [...]
The Nasdaq composite index completed a major 1-5 impulse wave pattern recently, as postulated by the Elliott Wave Theory. It was then followed by a corrective ABC structure, which implies the completion of a major cycle. Since the price action very possibly finds itself in the early stages of a new major cycle, this could present traders with the opportunity to enter early into the development of a new trend. [...]
The price of the Nasdaq composite recently started developing a new bearish correction, as was forecasted by our previous analysis of the index. Even still, the broader rally still looks quite solid, which means that bulls can look for an opportunity to enter long at the bottom of the correction by implementing trend continuation strategies. [...]
The price of the Nasdaq composite continues to be climbing slowly towards the psychologically significant resistance level at 15000.00, as was forecasted by our previous analysis of the index. In addition to the fact that this resistance has such psychological importance due to the many zeroes in the number, the price has never reached this threshold before. This makes it an even more prominent turning point. [...]
The Nasdaq Composite index has advanced considerably over the past few weeks, even though the underlying sentiment is not ostensibly trending. This is caused by mounting adverse volatility in the market. These erratic fluctuations could prompt a broader bearish correction in the near future. Selling pressure continued to accumulate yesterday following Jerome Powell's, Chair of the Federal Reserve [...]
Nasdaq's luck seems to be running out as the stock market becomes increasingly more bearish-looking. This could mark the beginning of a new sizable downtrend. The impact of market seasonality is already playing a pivotal role in diminishing the overall liquidity in the market as the general trading activity falters. Meanwhile, paradoxically as it may seem, improving economic outlook could derail [...]
The German DAX index is currently trading at around 15700.00 basis points, which represents its all-time high. The underlying rally was fuelled by solid industry numbers in Germany for the month of May, which inspired investors to believe that the digitalisation process of the Eurozone economy is going according to plan. [...]
The Nasdaq composite has been threading in a minor range below the psychologically significant resistance level at 14000.00 since the beginning of May, as underlying volatility in the stocks market gradually subsided. Instead, more prevalence was given to the commodities market, as a new supercycle is currently in the making and the even more volatile crypto market. This transformational change came just as [...]
The German DAX reached a new all-time record just below 15500.000, as was forecasted by our last analysis of the German index, and is now in the process of establishing a new bearish correction. The retracement emerged from this all-time peak, as selling pressure keeps mounting up. [...]