Nasdaq
NASDAQ top could be nearPut call ratio suggests the index is in a euphoric overbought state. Any confirmation of reversal on price action should limit the further upside. Could be a near term or a long term top. Breakdown of this trend line breakdown should bring a good correction.
Nas100 no trade until it comes back to the areaNas100 has broken the all time high, and now currently in consolidation, If this bad boy comes back to the region then the probability is that its gonna shoot up again. Keep your eyes on this one too!!
INTC Triple Top formation Weekly looks bearish and on lower time frames we can see a clear triple top formation
its a good opportunity for a short after resistance breakout
MACD & RSI showing a big divergence on the tops making lower highs instead
QQQ KEY LEVELS SUPPORT AND RESISTANCE 04/06/2020Key Levels for QQQ INVESCO for INTRADAY TRADING are :
Upper Breakout~184.80
First Target~186.10
Interim Resistance~187.70
Final Resistance~189.50
**Lower Levels**
Lower Breakout~182.25
First Target~181.30
Interim Support~179.95
Final Support~178.90
Please trade with caution and consult your financial adviser before trading.
US10Y & SP500 | CRISIS ANALYSIS - BANKING SYSTEM MELTDOWN*From oct 2018 to dec 2019 there is very strong divergence of -42% between falling US10Y and rising S&P 500.(On every falling US10Y there is average of 60% correlation with S&P500).
*Corona virus Activated the convergence process and covered almost +70% to set the overall correlation at +34%.
*There is remaining 30-40% convergence left to align US10Y and S&P500.(Expecting alignment on lower trend channel).
Nasdaq :: Something Weird Is Happening on Stock MarketLevel has been mentioned....
Disclaimer: Buy Sell is your choice. No Recommendation.
Cheers!
Vikas Gupta
Dow's Worst Loss Since '87 CrashThe Dow plunged to its biggest-one day percentage loss since October 1987 as fears the spread of the novel corona virus will pick up pace and usher in a global recession.
Level has been mentioned.
Recovery duration 18 monts.
Disclaimer: Buy Sell is your choice. No Recommendation.
Cheers!
Vikas Gupta
Big bearish monthly candleQuite likely we had started at-least an intermediate downtrend on Nasdaq. Monthly bearish engulfing candles don't give comfort .
While i don't think the market has turned ultra bearish, as yet, the. trend possibly has changed for the medium term
#NASDAQ #NQ @ 9265 - Hasn't had a Negative Close in WeeksNext resistance zone at 9400-10000.
Resistance Zone is not necessarily a reversal zone.
Must check the behavior within the zone.
AMAZONCMP 1874.97
Bullish above 1903 Amazon (My recommended Point).
Till 1854 accumulation level for Early birds with CMP.
SL 1830 Close Base
Target : 1974, 2036, 2122+
Risk is yours and Reward is too yours.
