Trading news

Nasdaq 100 – prognosis via Dow Theory for calendar week 40/2015

Weekly chart:

As indicated in the last analysis, in this trend size the Nasdaq 100 can either continue its correction or directly continue the trend. In the past week, the index settled on the continuation of the trend. There is by all means still space up to the last high point at 4729 points, meaning that an entry could be worth it.

Chart1

Daily chart:

Unfortunately there is still no valid trend in this trend size, since the previous downtrend was just broken at 4442 points. In order to generate a valid trend, the marker at 4729 points would have to be taken out of the market. Anyone who would like to run a higher risk can, of course, speculate on a trend already. However, the stop should be trailed very closely in this case.

Chart2

Hourly chart:

We can also see the positive signs in the hourly chart. Here a valid trend is present, which is, however, on the point of a breakout at 4691 points. If this outbreak should occur, there is not much else standing in the way of a continuation of the trend.

Chart3

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

Sales partner/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.

Monday, 23 Nov, 2015 / 11:21

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

Source :

Trading news

 

Where is the end to oil uptrend?

Oil continues to trade in the mid-term uptrend, constantly updating new yearly [...]

Posted on Thursday, 18 Apr, 2019 / 1:27 under

USD: US Dollar rallies against weak JPY

Last week's trading was fairly calm, especially concerning US data. The [...]

Posted on Thursday, 18 Apr, 2019 / 9:09 under

AETOS Market Commentary 18/04/2019

  EUR/USD EUR strengthened on Wednesday on the back of [...]

Posted on Thursday, 18 Apr, 2019 / 8:00 under