EUR/JPY Weekly Candlesticks & Ichimoku Chart SHORT
EUR/JPY closed last week below the weekly Ichimoku cloud. Until it recovers to close above the cloud, sell on rallies is the way to go.
NASDAQ Composite Index Weekly Candlesticks & Ichimoku Chart
The NASDAQ Composite Index has not traded below the weekly Ichimoku cloud since mid 2016. It is now trading near critical support levels. A close below the cloud will be quite damaging to the longer term technical picture.
Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are extracts of our weekly subscription product – “CIO’s Week Ahead Update” which provides analysis for the week ahead, first sent out on Monday of the week.
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