U.S. STOCK INDEXES The March NASDAQ 100 was higher overnight as it consolidates some of Monday's decline. The high-range trade sets the stage for a steady to higher opening when the day session begins trading. Stochastics and the RSI are overbought and are turning neutral to bearish signaling that a short-term top might be in or is near. Closes below last-Wednesday's low crossing at 12,491.25 would confirm that a short-term top has been posted. If the NASDAQ 100 extends the rally off November's low into uncharted territory, upside targets will be hard to project. First resistance is last-Friday's high crossing at 13,125.00. Second resistance is unknown. First support is last-Wednesday's low crossing at 12,491.25. Second is the 50-day moving average crossing at 12,334.01. The March S&P 500 was higher overnight as it consolidates some of Monday's decline. The high-range overnight trade sets the stage for a steady to higher opening when the day session begins trading later this morning. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends this year's rally into uncharted territory, upside targets will be hard to project. Closes below the December 21st low crossing at 3637.20 would confirm that a short-term top has been posted. First resistance is last-Friday's high crossing at 3817.50. Second resistance is unknown. First support is the December 21st low crossing at 3637.20. Second support is the 50-day moving average crossing at 3618.57. 
U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown. All trades, patterns, charts, systems, etc., discussed in this message and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author and do not necessarily reflect those of the publisher or INO.com. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the methodology or system will generate profits or ensure freedom from losses. The testimonials and examples used herein are exceptional results, which do not apply to the average member, and are not intended to represent or guarantee that anyone will achieve the same or similar results. Each individual's success depends on his or her background, dedication, desire, and motivation. | | 
Popular posts from this blog
AllBusiness.com 6 Things You Can Do Now to Boost Your Holiday E-Commerce Sales Posted: 02 Dec 2020 05:16 AM PST By Brandon Bauer For digital marketers, the holiday e-commerce season is never far from mind. But now that the calendar has turned from summer to fall, it's time to shift fully into planning mode. After all, the biggest shopping season of the year only lasts six weeks, so we had better make the most of it. As you begin mapping out your holiday strategy, keep these three things in mind: 1. Be mindful of past data If you've run holiday campaigns in the past, you already have a wealth of information at your fingertips. Before starting any planning, consult your e-commerce data from the last two years with an eye for the big takeaways. Determine what worked and what did not. Are there trends you can take advantage of? Is there something you wish you'd done differently? Look for sales spikes you might be able to antici
The below offer is brought to you by Evolved Trader Trading Forex, Options. Everyone and their mother wants to learn how to make boatloads of cash trading options. The options frenzy even grabbed one of my top students, Mark Croock. Mark started out as my student. He made his first million trading penny stocks with my strategies. But like so many, he was tempted by the lure of options trading. And get this... It took Mark 7 years to make his first million in the stock marke
The below offer is brought to you by Zacks See Them Free Until Tonight Trading Forex, As promised, Zacks has just named its 7 best stocks to break out the soonest. Why is this the ideal day to look into them? History shows that market corrections like the -19% drop in 2022 have led to new highs in the coming years EVERY SINGLE TIME. So we started with 4,400 stocks that are ranked by our unique earnings-based system. Only about 220 are Zacks Rank #1 Strong Buys . Then our e
|
Comments