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are we wittiness start of the pullback on markets or its only a correction

stock markets analysis


Indices continue to break new records except for the Dow Jones, earning reporting season is almost finish -NASDAQ 100 and SP 500   has made a new all-time high

What is expected for the future , one index (DJ) is trailing behind, while the other 2 (Nasdaq +sp 500) are leading the sled of Santa Tramp, will 2 dogs chase the slow dog to increase pace, or is he slowing down the rest of the journey?

only the Dow seems to be behind them - for getting approve on the DOW i want to see him cross 26,830 points - if so then we can get for more uptrend to 27600+_


Yesterday we saw weakness and whether it will develop into something larger or it is only a correction: Right now everything is under control

stock market approaches all-time ,are we going to see new records Or it turns out to be a false one

I checked past moves - rapid recovery or break-up led to a 40% to 43%
If this time, too, this is the direction - it can manage with the Dow's goals that I gave, and then we will see the NASDAQ index rise above 8,000 points to 8200-8400
but for now lest  focus on the present because the Dow didn't mange to cross 26830 points !


Let's start with the NASDAQ index :
From a technical point of view, a number of critical levels can be seen in the index:
break down 7480-7530 points will signal a return to a negative trend in my opinion
As long as these levels are traded, the correction is reasonable and healthy for a strong upward move from January

NASDAQ PRICE  ANALYSIS
NASDAQ  ANALYSIS

Now move on to SP 500 index
From a technical point of view, a number of critical levels can be seen in the index:
break down 2830-60 points will signal a return to a negative trend in my opinion
As long as these levels are traded, the correction is reasonable and healthy for a strong upward move from January

SP 500  PRICE ANALYSIS
SP 500 ANALYSIS



There are a few things you should pay attention to:The indices reach extreme levels before the journey continues upwards, or is this the end of the correction?

Facebook has released reports yesterday and costs over 11% - comes to check the Gap, the refractive levels of the rising move: if it closes above the $ 171 area, we have a set up here to catch a move to close the top - 
it's worth watching closely!

Amazon, as I have mentioned several times, should cross the 1760 area in order to show a continuing upward trend! If the conditions that I have mentioned exist, expect another incremental move
If not then the story is different:



This review does not including any document and / or file attached to it as an advice or recommendation to buy / sell securities and / or other advice

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