andre_007

NYSE FANG+ Index: wait is better⌛

ICEUS:NYFANG   NYSE FANG+ Index
'The NYSE FANG+ Index is a rules-based, equal-weighted equity benchmark designed to track
the performance of 10 highly-traded growth stocks of technology and tech-enabled companies in the
technology, media & communications and consumer discretionary sectors'.

Companies included in the index:
Meta, Apple, Amazon, Netflix, Microsoft, Google, Tesla, NVIDIA, Snowflake and Advanced Micro Devices.

Graphically speaking, I would expect a better definition of which way the price is going.
Looking at the Stochastic Momentum Index, I would say that opening a long position would be too risky.

Below are some possible scenarios:

Scenario 1:

Scenario 2:

Scenario 3:

Scenario 4:

Scenario 5:

To contribute to my work, I accept cryptocurrency and Paypal.
⚡Bitcoin Lightning Network: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵Paypal: www.paypal.com/donate/?hosted_button_id=96MNFFT9YR35S
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.