IXIC trade ideas
Nasdaq - since crisis - value now 6X - no bubbleJust curiosity - not a trade idea - the move since trump came has been almost vertical and took it out of the Gann band it was in for a long time. This is the one that has hurt bears the most. SPX's price in contrast is now 4.15X, no mean feat but much poorer vs Nasdaq
NASDAQCom-EXTREME BULLISH HARMONIC IMPULSE IN FORMATIONThe 2 possible reversal points marked...
The upper reversal point has 0.886of the first upleg as a good support plus the 1.618 level of the last upleg as the support and the s2 traditional support and the outermedian line of the pitchfork..
the bottom support is the terminal reversal point for this the harmonic impulse, also supported by the ichimoku weekly kumo cloud, and s4 traditional support..
Disclaimer.. not an investing/trading recommendation