Stocks

[stocks markets][bsummary]

Forex

[dx][bigposts]

Gold

[gold][bsummary]

Crude Oil

[crude oil][bigposts]

Is sanity back into the stock markets?

Markets Technical Analysis


When the headlines explode into over-optimism / over-pessimism, prepare for a revolution


On March 13, they made headlines:
"U.S. Major Indexes All Enter Death Cross"
What happened?
The market has corrected sharply upwards:
Nasdaq from Area 12900 to Area 15200
S&P 500 from area 4130 to area 4630


On May 20, they made headlines again:
"Stocks continue to fall, Wall Street enters a bear market "
What happened again?
As of this writing
The market has corrected sharply upwards:
Nasdaq from area 11560 to area 12800
S&P 500 from area 3860 to area 4170

Now let's go see what we have and where the markets are headed
I suggest to those who have not read my reviews since the beginning of the year a peek and get an idea of ​​the preparations we had before this whole move, as well as up and down trading targets





Markets technical analysis
Markets outlook 

Now the question is whether we have another wave going down or the declines have ended: it is too early to say that the declines have ended, now the market is in the process of declining


Nasdaq:


Need to see what is happening in the areas of 12800-13100 is critical
If the levels of area 13200-13300 are broken on a daily basis, then the target of area 14200-14500 is on the horizon, on the other hand, a correction at this stage to area 12400 + _ is quite likely for those looking for a long-distance connection
Alternatively, a decline from area 12030 downwards signaled continued weakness in the market

Important thing: In terms of trading bands and oscillators that I work with: I have said more than once or twice, that I see a stop at Nasdaq in the area of ​​11680 points, and I aimed there in January this year that the market trades in the area of ​​14600 + _

S&P 500 technical analysis
Stock Markets outlook 


S&P 500:

Need to see what is happening in the areas of 4160-4200 are critical
If these levels of area 4230-4260 are broken on a daily basis, then the target of area 4430 + _ is on the agenda when before that there is the area of ​​-4360 -4320 + _, on the other hand, a correction at this stage to area 4100 - is quite likely for those looking for a long way
Alternatively, a decline from area 4020 downwards signaled continued weakness in the market
To summarize things - in the short term:
stay Long is a trend as long as the S&P 500 is trading above 4020 points levels
Short term: Breaking down area 4020 will lead to 3930-3960 area with licking to 3850 - Below the story changes!
Long term - bail to blue strip cross up again (4410-4430 pints)

S&P 500 Analysis
S&P 500 technical analysis


                                                                            conclusion


S&P 500- Only Breakthroughs  areas 4410-4430 Will Return the Market to a Positive 
NASDAQ- Only Breakthroughs  areas 14200-14500 will return the market to a positive

it's currently in the process of a drop-off facility - we have not yet moved into positive territory


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


No comments:

Post a Comment