The NASDAQ has held above the key 4,800 level for two weeks now and, although the monthly candle doesn’t close until next week, a February close above 4,800 is looking quite likely. A monthly close above 4,800 will be significant and may enable numerous trading opportunities on NASDAQ stocks so watch for the candle close next week BUT […]
The set up on the Hong Kong Hang Seng Index is looking rather similar to how the ASX-200 appeared prior to the recent Aussie index breakout.
The bullish Ichimoku signal on the S&P500 has been confirmed with the recent uptick in both the Tenkan and Kijun lines.
The NASDAQ has printed a daily close above the key 4,800 level. The monthly candle close is some way off yet but a monthly close above this level would be a very bullish signal and these practice efforts are worth keeping note of!
The two main Aussie stock indices remain on their bullish journey following bullish triangle breakouts from two weeks ago. I have posted some charts of Aussie stocks that look bullish and may offer trading potential in this current buoyant environment.