NASDAQ waves, trend lines, RSI, MACD -- Looks bearish

Mis à jour

Still looking very bearish to me. Will know at 9:30 because we are right up to the trend line.

Note

Good little break out this morning. Looks like it is a retest of the major resistance trend lines.

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Note

Seems that the NASDAQ was probing the outer edge of its trading channel.

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Note

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End of day. Looks like tomorrow will give us a good idea what the week holds (up, sideways, or down) as it is still right against the trend line.

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Publications connexes

NASDAQ - Zig zag wave and trend line converge - Target 10,000???

S&P 500 Supercycle waves - The sky is falling! Down to 1600?

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