NASDAQ 100 at a Crossroads: Technical Reversal and Macroeconomic Storms Signal a 25% (from top) Correction Ahead Technical Indicators: Relative Strength Index (RSI): The RSI on the monthly timeframe is approaching overbought territory (~70). A reversal from this level would provide further confirmation of a bearish trend developing. Trendline Analysis:...
The weekly chart of Palantir Technologies (PLTR) reflects a strong bullish momentum, with price action consistently making higher highs and higher lows. Below is a detailed analysis of the technical indicators and projections: Fibonacci retracements and extensions are plotted to identify potential upside targets. The price has surpassed the key level of 1.414,...
ASML Holdings is currently trading near the 61.8% Fibonacci retracement level ($770), indicating a longer-term bearish bias. However, the stock appears to have formed a base near this critical level, suggesting stabilization, though a break below $649 could lead to further downside toward $523 (78.6% retracement). The MACD remains negative, highlighting bearish...
Historical Context and Key Observations : From its peak in 1981 (~15%), the US10Y yield entered a multi-decade downtrend, consistently staying below its 20-month, 50-month, and 200-month moving averages due to disinflationary pressures and accommodative monetary policies. However, after reaching historic lows (~0.5%) in 2020 amid COVID-19-induced easing, the...
Coinbase Global is forming big Cup and handle pattern on its technical chart. Can Hit a Big Target assuming bright future for Crypto.