Nasdaq Index price action.As per chart Nasdaq showing reversal from support. It may run to test it's all time high soon.
About US Composite Index
The Nasdaq Composite Index is the market capitalization-weighted index of approximately 3,000 common equities listed on the Nasdaq stock exchange. The types of securities in the index include American depositary receipts, common stocks, real estate investment trusts (REITs) and tracking stocks, as well as limited partnership interests. The index includes all Nasdaq-listed stocks that are not derivatives, preferred shares, funds, exchange-traded funds (ETFs) or debenture securities.
NASDAQ COMPOSITE INDEX (IXIC) 14524.07 (+0.09%) Nasdaq Composite Index has seen some profit booking in last 2 weeks. Recent high at 15150.07 was not sustained with 15151 as mirror number ( I am always fascinated with such numbers). Incidentally the level of 75% of the range saw profit booking which was 14681.38. We need to sustain above this leve
NASDAQ chart study IXICNasdaq ixic index at 15050
Daily time frame
Bearish wolf wave pattern formation on long time consideration ,
ascending sharp wedge on smaller time consideration
Wedge is already broken and reversal from above the wolf wave resistance line is in progress,,
if this wolf wave has to progress as per t
Nasdaq at a strong resistanceThis Index too is making a series of 1's and 2's in the start of its C leg. The current rally has halted at trendline and Fib resistance. And as a cardinal rule it cannot surpass 13690 which is the start of wave i. We have a reversal signal now on the hourly charts from RSI and Composite. So yet a
BULLISH FLAG IN MAKING IN NASDAQALERT : BULLISH FLAG IN MAKING IN NASDAQ
Will Activate If Give Weekly Close Above 13715
SL - Breakout Candle's Low
Target - 18000
Bullish Bat In NasdaqBullish Bat In Nasdaq
Buy At Cmp 13037
SL - 12950 ( Day Closing Basis )
Target - 13270/13400
Nasdaq in complex correctionNASDAQ:IXIC
I think Nasdaq composite is in XX Wave right now. No one can predict this wave how long it will be what kind of structure will unfold in this structure.
Two Possibilities: -
1] It's in control range within main range. where price retest at resistance of control range.
So, maybe price
IXIC (Nasdaq) | To bottom out in 1-2 daysIXIC (Nasdaq) | To bottom out in 1-2 days
CMP : 13070
Support (SL) : 12800
Bullish Bat In NasdaqBullish Bat In Nasdaq
Buy PRZ - 12212-12173
SL - 11790 ( Day Closing Basis )
Target - 12925/13160/13400
IXIC oscillating and short term bullish.Nasdaq composite Index consolidating in flag pattern and may test level of 13600- 13800 soon.
See all ideas
Frequently Asked Questions
The current value of US Composite Index is 15353.08 USD — it has fallen by 1.59% in the past 24 hours.
US Composite Index value has decreased by 5.77% in the past week, since last month it has shown a 5.14% decrease, and over the year it's increased by 27.53%.
US Composite Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy US Composite Index futures or funds or invest in its components.
The lowest ever quote of US Composite Index is 54.87 USD. It was reached on Oct 3, 1974.
US Composite Index reached its highest quote on Mar 21, 2024 — 16538.86 USD.