Nasdaq looks like it still has the ABC down happening, the SP500 looks like it want's to push higher, while the nasadq looks like a H&S pattern can play out dropping tech stocks to 14,000 to finish wave C. I really don't like the mixed indices. When DJIA was pointing down for wave 4 but SP500 & NASDAQ were pointing up the truth was revealed that the dow jones w4 bears had the power to correct all markets. So we need to watch closely. The Evergrand news seems to be priced in though, so let's see if the bulls can NUKE the head & shoulders pattern and break out above ATH. I would add the a big crash to 14k would likely be the gas needed to pump NDX over ATH(just a thought)
If your interested in joining my group DM me for the link. We do Elliot Wave TA give trade signals and set ups. We have channels for all cryptocurrency and also many OTC stocks. TY
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
If your interested in joining my group DM me for the link. We do Elliot Wave TA give trade signals and set ups. We have channels for all cryptocurrency and also many OTC stocks. TY
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.