NASDAQ Composite Index Weekly Candlesticks & Ichimoku Chart
With widespread of fears of an impending recession and calls for a bear market coming into 2019, the market is generally under-invested. The Nasdaq has now pierced through the bottom of the weekly ichimoku cloud and a close above the cloud will likely lead to new highs this year.
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 first sent out on Monday of the week to members subscribed to THE LONG & SHORT OF IT, which helps you to filter out the noise and condense only what’s important in the markets for the week ahead.
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