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US Composite IndexUU

US Composite Index

20,630.65USDR
+19.32+0.09%
As of today at 20:00 GMT
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IXIC trade ideas

Nasdaq Composite Leading the Way DownSince 04/25/23 the Nasdaq Composite (IXIC) has been leading the way up. Its gain from 04/25/23 to 07/19/23 was 22%. The S&P 500 gain over that time was 12%. The Dow Jones Industrial Average 5%. Now IXIC is leading the way down. Note on the 07/19/23 peak the bearish divergence on both MACD and RSI. MACD also has a bearish lines cross, while RSI has moved below its moving average line. IXIC could reach the 04/25/23 bottom in a few weeks.
TShort
by markrivest
"New bull market!" "Return to normal!" Bubble bust denial lolzFED "pivot" hopes won't die. Bank collapses are "good for the stock market". AI mania has the meme market looking alive again. NVDA, a company in which both revenue and earnings have dropped significantly over the past 3 quarters, is trading at 150+ P/E and 25xSales with a $666Billion market cap! We're "back to normal" folks! /s I LOVE how this classic Market Psychology chart lines up so well with the current NASDAQ monthly chart!
TShort
by RobBiddle
7
Analysis of the US stock market , NAZDAQAnalysis of the US stock market Fortunately, according to the analysis, 3.5% of the growth index has been achieved from 4%. According to the status of the RSI indicator and the volume and candles, it is logical to save profit and exit the market for a new entry in a suitable position. The first suitable point for re-entry is the previous entry range of the index (about 13333). And this time for 6% profit. Don't forget capital management and compliance with risk to reward Good luck and profitable
NLong
by mansour1978
American stock exchangeAmerican stock exchange According to the previous analysis, the stock index was able to touch the ceiling of its 170-day ascending channel. Currently, the current candle is being modified. You can wait until the yellow line to enter again. And if you are a risk taker, wait until the purple line. Or enter 50% on the yellow line and the remaining 50% of the position you want on the purple line. - Considering the fundamentals and the stoppage of the increasing trend of bank interest rates, one can hope for a small correction to the mentioned lines and then continue the upward trend.
NLong
by mansour1978
Nasdaq composite went the expected wayThe Nasdaq Composite provides an excellent overview of the fractal nature of the market. 1- The double bottom pattern was completed on January 23 2- The 6-week flag pattern that ended on March 13 3- A smaller cup & handle (green one) were formed. 4- The failure of the small pattern also happened last week. 5- Now we can say that we are already in a new bull market Note: Even though the 13,000 level is an important resistance area and could cause problems, I personally don't expect it to stop the young bull.
NLong
by asharifan
IXIC is in a bulish chanelNasdaq analysis Since December 28, 2022, when it touched the bottom of the ascending channel, it has continued its upward trend for 153 days with a relatively good slope of 24 degrees and has grown by 29%. Regardless of the current candle, the limits of the index can be considered between the midline and the ceiling of the channel (12793 to 13647). According to the status of the RSI indicator, it is not far-fetched to modify the index up to the midline of the channel. If the midline of the channel is touched, a growth of 6.36% to the ceiling of the channel can be imagined. Don't forget capital management and compliance with risk to reward. Good luck and profitable.
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by mansour1978
Nasdaq Composite Index, IXIC, Start of a New Bull MarketIt doesn't get more simple than looking at this Monthly Chart going back over a decade. You can clearly see the incredible uptrend and the True Strength Index, although having shown a bearish divergence since Jan.2022, the TSI has barely broken the Centre line and is now about to turn back above. This New Bull Market should last through to the end of 2014. Just waiting for confirmation, and that will happen in June.
NLong
by grahammk
Understanding Current Market Trends 🔄CURRENT MARKET TRENDS 🔄 1. 🎯 Selective Market Dynamics The present market scenario remains highly selective. This has been a pattern, with a tendency for a rotational environment. Stocks that are currently underperforming or rebounding from their lowest points are leading the market for short durations. This is while tech-heavy indices like the Nasdaq temporarily stagnate, then it's their turn to lead, and the cycle continues. But, there's a growing concern - fewer companies are driving the Nasdaq, which is complicating attempts to gain significant progress with individual stocks due to diminishing participation. 2. 🐺 The 'Lone Wolf' Phenomenon The case of NVDA serves as an excellent example of this emerging "lone wolf" trend. Recently, NVDA shares experienced a substantial increase of nearly 30% following an impressive earnings report and promising quarterly guidance. This surge contributed to a 1.7% uplift in the Nasdaq index. Meanwhile, other indices like the Dow and Russell 2000 ended negatively for the day. 🤔 DECODING MARKET CONCERNS 1. 📉 Hidden Weaknesses in Indices While favorable earnings responses are generally positive, the risk lies in a market driven by a limited number of stocks. This poses a challenge because the strength of indices can be misleading, concealing the limited overall participation if the driving force comes from a handful of giant corporations. 2. 🛡️ Defensive Tendencies & Megacaps There are phases when financial institutions become cautious about risk and the overall economy, leading them to adopt a defensive stance. Megacap companies have offered liquidity during these times, thus becoming the "safe" choices when institutions hesitate to take on riskier investments. This has led to an updated version of the old Wall Street adage, "You'll never go out of business losing your client's money in IBM." In this context, IBM is replaced by modern tech giants like Apple (AAPL), NVDA, Amazon (AMZN), Google (GOOGL), Meta (META), and Netflix (NFLX) - the new IBM's are the FAANG companies! 🚀 NAVIGATING MARKET DYNAMICS 1.💡The Eventual Shift While this trend will eventually change, predicting when this will happen is not a necessity. Indicators such as a rise in successful breakouts will provide all the necessary information. Until then, discipline and avoidance of fear of missing out (FOMO) and hasty strategies is advised. 2.🌊 Riding the FAANG Wave? You might be contemplating whether to join the FAANG trend. If these stocks show positive signs or proper bases, the answer is yes! For instance, NVDA and NFLX were recently included in our Watch List for this very reason.
NShort
by TintinTrading
nasdaq 🌊Greetings, A mirror to my tableau painted for Bitcoin, I surmise that the Nasdaq is engaged in the theatrical rendition of a cycle degree fourth wave. Historically, these fourth waves are prone to a tactical withdrawal into the realm of the prior degree wave four territory. In this distinct instance, the territory in question lurks in close proximity to the abysmal pits of the pandemic nadir. A bullish harbinger would manifest should the Nasdaq maintain an altitude above these pandemic depths for the duration of this bear market. If such a trend is confirmed, i will dare to anticipate an audacious ascent to the lofty summit of $30,000 as we voyage through the decade towards the 2030 agi revolution. --- w4 - $8,100 w5 - $30,000 ☿
NLong
by amethystphantom
Potential Major Nasdaq Top! 5-16-23Attention this is a RED ALERT! On 05/16/23 the Nasdaq Composite (IXIC) appears to have completed an Elliott wave Ending Diagonal Triangle. If so this could be the final wave up of the rally that began in October 2022. On 05/16/23 the IXIC advance/decline line was bearish. 15 -minute MACD and RSI have significant bearish divergences. May is the start of a seasonally bearish time for stocks. U.S. stocks may have begun a multi - month decline. This is a RED ALERT!
TShort
by markrivest
1
IXIC (Nasdaq) For my followers who are unfamiliar with the Indexes , The IXIC is the entire nasdaq where as the QQQ (NDQ) only represents the top 100 tech; This distinction is important in what I'm about to explain. Since Feb the IXIC has not been able to get over 12,280 while the QQQ has made a higher high since Feb; This is because only 5 tech names have been moving higher. Just like the QQQ , IXIC is also trading inside a rising wedge I think Monday we begin to pullback and eventually close close Fridays gap by CPI Wed. From there we will see if the correction begins for tech or the start of a broader rally in tech.. Breakdown scenario Breakout scenario
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by ContraryTrader
9