Nasdaq a leading indicator of Dow Jones, S&P and Russell
How to use related markets to complement each other? Definitely you can apply this technique to other related markets.
In this tutorial, I am seeing Nasdaq as a leading indicator for the rest may likely to follow.
i) Nasdaq bear trend was nicely formed, but not yet for the Dow Jones, S&P and Russell.
ii) Nasdaq in the short-term has also a confirmation for a rebound, and I believe the rest of the indices likely to follow subsequently.
Discussion:
• Drawing primary and secondary trendline
• Nasdaq has broken above, the rest should catch-up, why?
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
Feel free to leave any comments below, I love to exchange ideas with you.
In this tutorial, I am seeing Nasdaq as a leading indicator for the rest may likely to follow.
i) Nasdaq bear trend was nicely formed, but not yet for the Dow Jones, S&P and Russell.
ii) Nasdaq in the short-term has also a confirmation for a rebound, and I believe the rest of the indices likely to follow subsequently.
Discussion:
• Drawing primary and secondary trendline
• Nasdaq has broken above, the rest should catch-up, why?
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
Feel free to leave any comments below, I love to exchange ideas with you.
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.