Trading news

Nasdaq 100 – prognosis via Dow theory for calendar week 32/2015

Weekly chart:

The Nasdaq is continuing to flow in a stable uptrend. Currently, the index seems to be stabilizing itself at the last point two at 4555 points. The first new attempts at a movement are up and running, but are still having difficulty. The odds, however, are still on the upper side.

Chart1

Daily chart:

The Nasdaq was able to stabilize itself in the last correction zone (red rectangle) at the 20 LP. First attempts at a new movement were abandoned once more, but nonetheless, the chances are still on the upper side in this trend size, too.

Chart2

Hourly chart:

In this image we can see very nicely how the market actually rebounded upwards at the 20 LP from the daily chart. Currently, however, we are still located in a downtrend, which should first be replaced by a new uptrend. In this case, there would be a good chance for a long trade.

Chart3

I hope you will remain favorably disposed towards me and always remember: the journey is the reward!

All the best

Markus Gabel

Head of Sales/Trading

AgenaTrader/TradeEscort

AgenaTrader Trading Software

IMPORTANT NOTE: Exchange transactions are associated with significant risks. Those who trade on the financial and commodity markets must familiarize themselves with these risks. Possible analyses, techniques and methods presented here are not an invitation to trade on the financial and commodity markets. They serve only for illustration, further education, and information purposes, and do not constitute investment advice or personal recommendations in any way. They are intended only to facilitate the customer's investment decision, and do not replace the advice of an investor or specific investment advice. The customer trades completely at his or her own risk. Please refer to the current version of the Terms and Conditions.

Wednesday, 05 Aug, 2015 / 5:52

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news

 

AETOS Market Commentary 23/05/2019

  EURUSD The Euro closed lower on Wednesday, closing at 1.1155(-9 [...]

Posted on Thursday, 23 May, 2019 / 8:10 under

EUR-Traders Turn Eyes on PMIs, GBP Down on Political Uncertainty

Risk sentiment was hit yesterday following a report the US is considering [...]

Posted on Thursday, 23 May, 2019 / 7:35 under

Gold Is on Sale

Gold’s price has been falling since last week. An attempt to break [...]

Posted on Thursday, 23 May, 2019 / 6:57 under