John-Pepperfield

John-Pepperfield

NASDAQ:NDX NASDAQ has continued to reach new highs. The weekly chart shows higher highs in price accompanied by lower lows in relative strength. Traditionally, March and April are two of the worst months for stocks as investors seek to consolidate portfolios and close out last minute positions while getting ready for tax season (although there are clear...

John-Pepperfield Updated 

Larger view shows consolidation. Ripple broke out of healthy downward wedge consolidation pattern after consistently meeting fib levels. Recent pattern resembles Inverted H & S, suggesting change in trend direction, long term. Ripple poised for a breakout after breaking through key resistance on this final stage before uptrend. Hypothesis is some slight downward...

John-Pepperfield

Stop loss 2000-2015. Possible short-term target 2500+