Anticipating Market Trends: A Prognosis for Future Nasdaq Index Movements.



The Nasdaq index entered the Bearish zone four days ago, indicating a prevailing downtrend. While there have been attempts at a rebound in the past two days, the trend appears to be temporary. Even if a reversal to an uptrend occurs, it is likely to be short-lived, with a high possibility of another downturn. Overall buying strength is weak, and any apparent strength, such as today's, is likely to be temporary. In the current Bearish zone, where selling pressure is strong, there is a high likelihood of a continued overall downtrend.

The anticipated resumption of the downtrend is expected to persist until the middle of next week, followed by another potential uptrend. However, during the next uptrend, selling pressure is expected to weaken significantly. Therefore, the rebound in the index could be more prolonged and substantial after next week.

Given the prevailing bearish sentiment, it is advisable to adopt a strategy that prepares for additional downside risks.

Oct 24, 2023

Closed price

13,139.88

0.93%

 

 

Appropriate Investment Position: Bearish-Sell [Long-term strategy]

Today's Buy-Sell intensity analysis

The current trend appears to be 'Entering a rebound trend'. The OPEN-price started with a stronger upward rate than the current trend and The HIGH and LOW prices are showing an appropriate HIGH-price to the current trend and a weaker LOW-price Finally, the CLOSE-price closed with a stronger upward rate than the current trend.

The overall buy-and-sell intensity indicates that the buy intensity is stronger than the sell.

Assuming that the average buy intensity is 100%,

Today's buy intensity is

143%

 

 

Tomorrow's Buy-Sell intensity Prediction

Based on recent market trends and technical analysis, it looks like NASDAQ will enter a Downtrend tomorrow

The %intensity of Risk & Return tomorrow :

46%

HIGH ~ LOW % range tomorrow :

0.4%

0.0%

Predicted Average loss over the next 3 days:

-1.2%

 

 

 

 

 

 

 

NASDAQ stock market 10 Day prediction [Short-term strategy]

It is expected that the overall trend movement over the next 10 days will follow a strong downward direction, with a ratio of 4 : 6 for the downward to upward direction, indicating a higher proportion of the upward trend. However, in terms of the expected strength of the upward and downward movements, the upward strength is moderate, while the downward strength is higher. Currently, it's about to begin a rebound trend as a downtrend gradually gives way to a slowdown in falling and rising fluctuations. and When the stock market opened, the Buy-Sell intensity had turned into a stronger buying flow.

Indicating that We are currently in a bearish zone. Therefore, it is recommended to implement a strategy to reduce risk and take a suitable investing position. A suitable investing position is 'Sell(Bearish)' for now. The appropriate selling timing is predicted to be either today or tomorrow.

The selling date is

Oct 25

 

 

A good price to sell a stock:

$ 13,185.60

And the appropriate buying timing is predicted to be in 6 days.

 

The buying date is

Oct 31

to

Nov 01

A good price to buy a stock:

$ 12,613.91

(Prediction may shift due to changes in the Buy-Sell intensity)

Volatility of Prediction

Due to sudden changes in Buy-Sell intensity that can cause instability in trend linkage, pretiming predictions can be highly volatile.

Prediction the turning point of the trend

The probability of a trend reversal occurring approximately 1 day from now, 4 days from now, 6 days from now

55%

Prediction of Upper~Lower price range over the next 10 days

Price:

12,681.38

~

13,169.74

% Change:

-3.5%

~

0.2%

Median price between the upper and lower prices

12,925.56

-1.6%

Analysis of the trend zone & level% and average intensity of trends

For the last 30 days, the average trend zone & level%

Bearish

-13%

The Current trend zone & level%

Bearish

-64%

The expected average trend zone & level% for the next 10 days

Bearish

-66%

If the trend moves upward from the current trend level%, it's expected to have an average upward strength of

47%

(Max 100%)

And if it moves downward, it is expected to have a downward strength of

-71%

(Min -100%)

Prediction the intensity of the trend and the range of the HIGH ~ LOW

Trend

%Intensity

HIGH

LOW

In 1 day: Entering a downtrend

46%

0.4%

0.0%

In 2 days: Downtrend

-100%

0.0%

-1.4%

In 3 days: Turning into a rebound trend

-77%

0.2%

-0.9%

In 4 days: Turning into a downtrend

-100%

0.0%

-1.5%

In 5 days: Downtrend

-84%

-0.1%

-1.0%

In 6 days: Entering a rebound trend

-63%

0.0%

-0.9%

In 7 days: Rebound trend

45%

0.8%

-0.3%

In 8 days: Rebound trend

50%

0.9%

-0.1%

In 9 days: Entering a downtrend

45%

0.5%

0.0%

In 10 days: Entering a downtrend

-4%

0.0%

-0.4%

Average closing price in case of rising:

 

0.7%

=> HIGH ~ LOW range:

1.1%

~

-0.3%

Average closing price in case of falling:

 

-0.9%

=> HIGH ~ LOW range:

0.4%

~

-1.1%

The 10-day prediction and technical analysis of the NASDAQ index are conducted based on the analysis of buy-sell intensity by the pretiming analysis. This analysis provides detailed information on various aspects, including the best stocks to buy, stock price targets, and investment strategies. It also includes bearish and bullish stock trend analysis as well as stock technical analysis.


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