Nasdaq (+0.99%) went higher with bigger volumes than the previous day. As already stated, building a base here before a potential breakout is a healthy price action. Watching this channel while also keeping an eye on a possible violation of the recent support (SMA50 / EMA21 area). SP-500 (+0.59%) went…

Nasdaq (+1.36%) respected the recent support and it was rejected by the EMA21. This price action seems healthy and we might see higher prices. Nothing changed from my previous assessment, it will be better to see the price out of this small channel first to make bets. …

Nasdaq (-1.09%) closed at the recent support and above the SMA50 and EMA21. The low volumes might suggest a pause and a digesting after the advance. Anyway, we are not out of the woods yet and watching the marked levels is very important during these times. SP-500 (-0.39%) is consolidating…

Nasdaq (+0.01%) gapped higher but closed flat. The price remained above the EMA21 and SMA50 while consolidating in this area. It will be healthy to have a new base here and to see the price igniting later. Watching the marked levels. SP-500 (0.48%) remained at the opening level. Taking into…

Nasdaq (1.45%) made an important gap up and descended during the day. The volumes were quite substantial, it seems new money is entering the market. I think it is healthy to have here a pause, a consolidation before a continued advance. …

Nasdaq (+1.88%) continued its rally and made a breakout from the W pattern with strong volumes as in the previous day. The chances are for an uptrend continuation towards the next resistance (see the blue line in the 12000 area) and SMA200. It will be nice and healthy to have…

Nasdaq (-2.48%) after the Tuesday rejection, the price continued lower towards the lows. The new distribution day can signal a stronger move towards support or even a support break. Watching the supports and 10000 level. SP-500 (-2.08%) lost its EMA21 and SMA50 and headed south. Today is CPI day, so…

Nasdaq (+0.49%) tried to go higher but sellers came in and sent the price back to the lows. During the second part of the day, buyers succeeded to push the prices back, closing more or less flat for the day. Watching the recent low and EMA21 for now. SP-500 (+0.56%)…

Nasdaq (+0.85%) is still in a bear flag. The price is under all the main averages and all the possibilities have equal chances. Watching the marked levels, recent highs and price above EMA21 / SMA50 building the last part of a W pattern OR breaking the recent lows. SP-500 (0.96%)…