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

S&P500. Anticipating the Rebound: Strategic Analysis for S&P 500's Trend Reversal.

NASDAQ.Technical Analysis and Investment Strategy for NASDAQ: Bearish Zone Insights and Short-Term Predictions.

TQQQ. Stock Update: Bullish Trends and Long-Term Investment Tips.

= Pretiming Premium =

TQQQ. Summary of Technical Analysis and Investment Strategy for TQQQ Stock (July 22, 2024)

SOXL Stock: A Comprehensive Investment Analysis for July 2024

S&P500. The S&P 500 is currently in an uptrend within the Bullish zone, but weakening buying momentum indicates a potential shift to a correction phase. Over the next 1-2 weeks, increased selling pressure is expected to deepen this downward movement.

TSLA. Tesla stock for the next 10 week prediction and technical analysis

TSLA. Current Weekly Trend: Bearish, likely to change to bullish soon.

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).