The NASDAQ appears to be following Elliott Wave Theory, where it's currently situated in what's projected to be Wave 5 of Primary Degree. Within this wave, it's believed to be in Wave 3, which typically signifies a strong upward movement in prices we are seeing now.
This suggests that we may see a bit more upward momentum in the NASDAQ before a correction phase...
Could be an end of Bull Run?
Indicators are Recommending the Price Action to move Down.
IXIC is getting extreme momentum which is too dangerous for Nasdaq at this level.
Sudden Increase in Volume, Volatility, Momentum, Liquidity is dangerous for NASAQ health.
RSI is Almost at an Overbought level.
Stochastic RSI is at Overbought Level.
CCI is on its...
IXIC to the Ground
IXIC is making a Momentum to maintain the Volatility
Candle Stick patterns shows that there are more buyers in the market. Large Body Candles.
There are some levels marked in the chart.
These levels are considered as Pivot Points and S&R.
14,072 and 14,009 and 14,016 and 14,048. The Crucial Levels for June 14 mark it on your...