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Nasdaq

williamb Posted 29 June as Analysis on USATECH.IDX/USD, Target: 6250, Date: 1^st of August, 12:00 GMT in #Technical analysis #Usatech IDX/USD #Usatech

The Nasdaq index recorded an high volatility this year , the peak of the last years . This peak come together the historical maximum reached by the Nasdaq . This isn't a nice picture , because it could signal an imminent correction , at such purpose i underline the negative message sent by the stochastic oscillator
A correction at these overbought levels should to be very harsh ,so the S3 level ( Woodie pivot points ) could to be a right target in this case . It mean a correction by 14 % from t…

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NASDAQ

williamb Posted 30 May as Analysis on USATECH.IDX/USD, Target: 6300, Date: 2^nd of July, 12:00 GMT in #Technical analysis #Usatech IDX/USD #Usatech

The NASDAQ index ( finally) appear ready for a correction after years of continue increase . It don't seem able to breach the static resistance placed around 7000 while the volatility have reached a peak never see in the past 6 years ( as show the ATR indicator )
A further confirmation of this overheated situation come by the Stochastic oscillator , i expect that the index will be around the minimum of the year for July , that mean -10 % from the current level

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Nasdaq

williamb Posted 24 Dec. as Analysis on USATECH.IDX/USD, Target: 6150, Date: 1^st of February, 12:00 GMT in #Technical analysis #Usatech IDX/USD #Usatech

The Bollinger bands with Fibonacci could be a useful tool for find the Nasdaq future price action , at least in the latest month it been so
In my view the index could correct down to reach the lower band 3 , a support at this hypothesis come by the stochastic oscillator

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NASDAQ

williamb Posted 25 Nov. as Analysis on USATECH.IDX/USD, Target: 5792, Date: 2^nd of January, 12:00 GMT in #Technical analysis #Usatech IDX/USD #Usatech

The NASDAQ is up by 65% from Feb 2016 , a crazy run that could end in every moment , in fact the mainly oscillators are in red zone ( overbought ) as you see in this chart .RSI 70) CCI(157) Stoch ( 90)
An hypothetical correction should break easily the median supports provided by the Woodie pivot points , only the S3 line could stop it , considering the current index level

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NASDAQ

williamb Posted 18 May as Analysis on USATECH.IDX/USD, Target: 5150, Date: 3^rd of July, 12:00 GMT in #Technical analysis #Usatech IDX/USD #Usatech

The Nasdaq's run suffered a stop yesterday that could change the future trend as show the MACD oscillator , this event it been caused by the dynamic resistance provided by the Pitchfork channel.
Considering the deadline of this contest a valid target price could to be the static support provided by the fibonacci retracement 38% line , or -8% from the currently value .

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