NASDAQ - Is the stock market alive now?NASDAQ. US100.
Under technical terms, and by using the principles of the Elliott Wave Theory, the market is likely to remain bearish for a longer duration after making a correction bullish wave. The previous move can be termed as wave 1 consisting of 5 sub-waves, and we can expect a corrective pattern up to 50% - 61.8% fib. level.
We can also assume that there is a lot of fear in the stock market in this current situation. Because of this, investors may start selling off at the technical levels. Furthermore, we have been expecting an interest rate hike this year (actually multiple times?), and we might get to see that happen soon.
While the market may go up in the next few weeks (corrective move?), there are far more reasons for a decline in the coming months.
Manage risk while trading / Investing.
This analysis is based on the Elliott Wave Theory and the current fundamentals with some expectations/assumptions.
Usstockmarket
S&P 500 by CryptoTradersWWYesterday was a day of extreme volatility, as expected. The US stock market has lost a key support level and is again retesting this zone, which is currently acting as resistance.
If we have a rejection on a retest like this, we will see more downward movement.
As we all know, once the New York session begins, the US Market has a strong link with BTC, anticipating market changes.
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FACEBOOK : 44% Down! Should you invest?Facebook is almost 45% down from its top. There was some news of its daily user which plunges the stock to drag down. But, fundamentally speaking it has strong financials. Currently it is testing the FY Low of 2021 and a strong Financial Quarter (FQ) high of 2020 7 also hedging towards a strong Monthly level near 210 $ making 215 $-210 $ a strong support level. Leta watch and study the price action at those levels.
Please do write in comment section about your views.
Thank You! Happy Investing!
NB: The chart analysis is for educational purpose only. Its full my personnel view. Place your trade/investment before consulting your financial advisor only.
SP500 4 possible scenariosSP500 has shown some weakness in the beginning of 2022...
All of us know that one of the most important reason behind such a 12% drawdown is Fed hawkishness...
At the time of writing smart money traders are pricing at least 5 interest rate hikes by the end of 2022, which is obviously putting pressure on the US stock market.
''Money today worth more than money tomorrow''
In addition to that we'll have QT most probably from the second quarter of this year.
On the chart I am showing 4 possible scenarios (maybe someone will see even more) of price movement from technical POV.
Fundamentally speaking I think and believe that we are going to see ATH this year around 4950-5000 zone at least. Also it is quite possible that we will see another lower low this year.
This week we had great results from such tech giants as MSFT and AAPL, which in my opinion is and will remain one of the most important bullish supporter.
We can see a very weak momentum and RSI or MACD indicators in the oversold territory. Also, huge volumes entered the market on the ''panic'' last week.
I hope to see a strong rebound in the short-mid term.
All the best,
GIgor_021
#tothemoon
US30 Live US30 Trade. But this is my personal view. This is not any kind of call or tip. Please consult your financial advisor before taking and position.
Buy SI 13/1/2022You can buy SI target 189.3 stop loss 109.3
Money management your responsibility.
I recommend entering a maximum of 10% of the portfolio.
Good luck
NASDAQ - support and resistanceNASDAQ / US100 support zones :
After taking support at 15160, Nasdaq seems to be heading for 16670 as forming HH / HL
My US stocks results from 13-9-2021 to 31-12-2021 ( 3.5 months )Hello everyone , I want to share with you my US stocks result
From 13/9/2021 to 31/12/2021 ( three months and half )
The total number of shares is 76
The number of winning shares is 41 in green 54%
The number of losing shares 19 in red 25%
The number of shares win like losers 14 in yellow 18.4%
The number of shares not closed yet 2 in White 2.6%
I can send the details in private messages
I wish good luck to everybody
Thanks