Posts

Showing posts from November 14, 2023

NASDAQ's Recent Trends: Weakening Buy Strength and Anticipating a Downward Shift.

Image
The NASDAQ daily index entered the Bullish zone seven days ago, signaling the initiation of an upward trend. However, in recent times, it has displayed a corrective trend. Since last Friday, there has been a notable surge in a robust upward momentum attempting to re-enter the bullish trend. Nevertheless, the current state of the market indicates that the buying strength is significantly weak for a complete transition into an upward trend. Additionally, looking at the projected trend, it appears challenging for the market to shift back into a bullish trend. As we approach mid-November this week, there is a noticeable weakening in buying strength compared to previous weeks, and even if a strong uptrend emerges, there is a high likelihood that it may be temporary. Overall, the prevailing condition suggests a strong selling pressure, indicating the continuation of the correction trend with a gradual increase in the magnitude of the decline. This trend is expected to persist, and there is a

Popular Posts

TSLA. On May 15, 2024, TSLA stock closed at 174.0, marking a decrease of 2.01%. The current trend zone is Bearish, suggesting a suitable investment position of Sell and Observe.

NASDAQ. The document provides a detailed market analysis suggesting a bullish trend for the NASDAQ index, recommending a 'Buy and Hold' strategy for both long-term and short-term investments.

NASDAQ. The current analysis suggests that the NASDAQ index is currently in a bearish trend, with a recommendation to sell and observe..

= Pretiming Premium =

DowJones. The current analysis suggests that the Dow Jones index is in a bearish trend, recommending a strategy of selling and observing for long-term investment.

SOXL. Navigating the Bearish Zone: Strategies for Short-Term Trading in a Volatile Market.

GME Daily Trend Analysis: Navigating Volatility Amidst Reversal Patterns.

MARA. The current trend appears to be 'Downtrend and The trend is progressing in the Bearish zone. The characteristics of the trend are: Continuous decline (standby) - (High selling pressure).

SMTC. Investors should take note of the bearish trend in SMTC stock, currently in a 'Sell and Observe' phase for the long-term strategy.

S&P500. Comprehensive Analysis and Strategies for S&P 500 Investment.