S&P 500
● The index retreated from its all-time high of 5,880, initiating a downward trend.
● A breakdown below the Rising Wedge pattern has been confirmed.
● Key support levels to watch:
➖ Immediate support: 5,670
➖ Strong support: 5,400
Nasdaq Composite
● The index has hit an all-time high near the 18,750 level before beginning to retreat.
● After breaking through the trendline support, the index is currently hovering slightly above the next immediate support level.
● If it dips below this support, we could see a significant drop, potentially driving the index down to the 16,670 level.
**This market volatility is consistent with historical trends during US presidential election years. The 2024 election is particularly unpredictable due to conflicting economic indicators and potential delays in results.
● The index retreated from its all-time high of 5,880, initiating a downward trend.
● A breakdown below the Rising Wedge pattern has been confirmed.
● Key support levels to watch:
➖ Immediate support: 5,670
➖ Strong support: 5,400
Nasdaq Composite
● The index has hit an all-time high near the 18,750 level before beginning to retreat.
● After breaking through the trendline support, the index is currently hovering slightly above the next immediate support level.
● If it dips below this support, we could see a significant drop, potentially driving the index down to the 16,670 level.
**This market volatility is consistent with historical trends during US presidential election years. The 2024 election is particularly unpredictable due to conflicting economic indicators and potential delays in results.
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bio.link/NaranjCapital
🎖️ CMT (usa) & CFTe (usa) chartered
🇺🇸 Telegram - USA Stocks Trading Advice
t.me/Naranj_USA
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関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。