Nasdaq futures learning point
Similarly to a previous idea posted (and linked below), the NASDAQ is likely to have topped. In fact, the technical outlook for NASDAQ looks a lot more challenging as the Relative Price Momentum Indicator turned down in bear territory.
Point here I wanted to bring up is that the last three weeks candlesticks can be viewed slightly differently, giving a deeper analysis.
Note the box in the chart...
IF we combine the two green candles, and we can do that as it is pretty much a meeting point continuation of the two weekly candles, and this week's candle, we get a Inside candle pattern, the set up for a Three Inside Down, most likely.
Watch the coming week... check at the end of the week and you may see what I mean!
Point here I wanted to bring up is that the last three weeks candlesticks can be viewed slightly differently, giving a deeper analysis.
Note the box in the chart...
IF we combine the two green candles, and we can do that as it is pretty much a meeting point continuation of the two weekly candles, and this week's candle, we get a Inside candle pattern, the set up for a Three Inside Down, most likely.
Watch the coming week... check at the end of the week and you may see what I mean!
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.