Trading news

Nasdaq 100 – prognosis via Dow Theory for calendar week 35/2015

Weekly chart:

For the time being, the Nasdaq 100 has lost the battle and has broken the uptrend with a closing price below the red correction zone. If the price can pick up again this week at the 20 LP from the monthly chart, this may give rise to hope once more. Until then, the index is trendless in this trend size.


Daily chart:

In this trend size, the upwards trend has also been broken, namely at 4332 points, and a new downtrend has been established. Here, the last correction zone is located between 4431 and 4573 points. However, the road ahead is not guaranteed to be easy. The threat of the index slipping even further down is ever-present.


Hourly chart:

In the hourly chart, we currently have no valid trend, which significantly intensifies the danger of the overall situation. I, for one, will position myself on the sidelines for now, in order to observe the further action. As soon as a valid trend develops, I will reevaluate the situation.


Please follow me on Facebook and/or Twitter (daytrader70).

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 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, 26 Aug, 2015 / 1:52

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

Source :

Trading news



Following the easing of covid-19 restrictions in the several parts of the [...]

Posted on Monday, 02 Aug, 2021 / 11:53 under

Can US ISM Manufacturing PMI Bring Back Market Optimism?

Usually, after companies report their corporate earnings, traders want to see [...]

Posted on Monday, 02 Aug, 2021 / 11:19 under

Dollar stabilizes, stocks recover ahead of busy week

  Dollar trades quietly as traders brace for nonfarm payrolls [...]

Posted on Monday, 02 Aug, 2021 / 8:57 under