Showing posts from October 5, 2023

NASDAQ: Short-Term Bearish Trend Signals Sell Opportunity, Potential Reversal on the Horizon

  Oct 05, 2023 ◆ Closed price 13,219.83 -0.12%     ◆ Appropriate Investment Position: Bearish-Sell [Long-term strategy] ◆ Today's Buy-Sell intensity analysis The current trend appears to be 'Rebound trend'. The OPEN-price started with a stronger decline rate than the current trend and The HIGH and LOW prices are showing a weaker HIGH-price and an appropriate LOW-price compared to the current trend. Finally, the CLOSE-price closed with a weaker decline rate than the current trend. The overall buy-sell intensity indicates that the sell intensity is stronger than the buy. Assuming that the average sell intensity is -100%, Today's sell intensity is -77%     ◆ 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 : -62% HIGH ~ LOW % range tomorrow : 0.0% -0.2% Predicted Average loss over the next 3 days: -3.3%